Czech Retail Sales Growth Exceeds Forecast

The Czech Republic's retail income expanded further and astatine a faster-than-expected gait successful March, information from the Czech Statistical Office showed connected Thursday.

Retail sales, but centrifugal vehicles and motorcycles, roseate a calendar-adjusted 6.1 percent year-on-year successful March, overmuch faster than the 2.5 percent summation successful the erstwhile month. That was besides good supra the expected summation of 2.7 percent.

Sales of non-food products grew 7.7 percent annually successful March, and those of food, beverages, and baccy accrued by 4.0 percent.

Data showed that retail income of automotive substance successful specialised stores accrued by 6.7 percent, and income and repairs of centrifugal vehicles and motorcycles climbed by 4.8 percent.

Data besides showed that retail income via message bid oregon the net precocious 14.9 percent.

Compared to the erstwhile month, retail income moved up by 1.3 percent.

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