Czech retail trade accelerated growth

Magazine for Textiles, Clothing, Leather and Technology

In October 2018, Czech sales adjusted for calendar effects increased at constant prices by 5.2%, year‑on‑year; non-adjusted sales grew by 6.4%. Seasonally adjusted sales in retail trade increased by 1.0%, month-on-month.

According to the Czech Statistics Office data just released, seasonally adjusted sales in retail trade, except of motor vehicles and motorcycles increased in October by 1.0% at constant prices, month-on-month. Sales for sale of non-food goods increased by 1.7%, sales for sale of automotive fuel increased by 0.2%, while sales for sale of food dropped by 2.6%.

Sales in retail trade adjusted for calendar effects increased by 5.2%, year-on-year; sales for sale of non-food goods increased by 9.4% and sales for automotive fuel increased by 4.0%, while sales for food dropped by 1.5%. In October 2018, there was one working day more than in October 2017.
Non-adjusted sales in retail trade increased by 6.4%, y-o-y. Sales for sale of non-food goods increased by 11.2%, sales for sale of automotive fuel grew by 5.4%, and sales for sale of food increased by 0.7%.
The highest increase of sales was in retail sale via mail order houses or via Internet (+24.1%). Retail sale of information and communication equipment in specialised stores was also successful (sales growth by 18.1%) as well as the following: retail sale of cultural and recreation goods in specialised stores (+11.8%), retail sale of other household equipment in specialised stores (+10.1%), retail sale of clothing, footwear and leather goods in specialised stores (+8.3%), and retail sale of dispensing chemist, medical and orthopaedic goods, and cosmetic and toilet articles in specialised stores (+7.0%). Retail sale in non-specialised stores with food, beverages or tobacco predominating reported growth by 0.8%, while retail sale of food, beverages and tobacco in specialised stores dropped by 1.1%.

Prices movement

Higher prices of automotive fuel, dispensing chemist, medical and orthopaedic goods, cosmetic and toilet articles, food, and other household equipment were registered. On the other hand, prices decreased in retail sale of information and communication equipment in specialised stores and in retail sale of clothing and footwear.

Photo: Victor Xok on Unsplash©

 

Source: www.worldfootwear.com