Czech retail sales growth slowed for the second straight month in August, figures from the Czech Statistical Office showed Wednesday.
Retail sales excluding automobile trade rose an unadjusted 3.3 percent year-over-year in August, slower than the 5.2 percent climb in the previous month. In June, the rate of growth was 6.7 percent.
Retail sales of automotive fuel alone grew 5.5 percent annually in August, while sales of food,beverages and tobacco in specialized stores dropped by 1.1 percent.
On a working-day-adjusted adjusted basis, retails sales increased the same 3.3 percent in August from a year ago.
Retail trade, including sale of automotive fuel went up 4.4 percent yearly in August, but slower than economists’ expectations for a 7.5 percent surge. In July, sales had risen 5.7 percent.
Month-on-month, retail sales rose a seasonally adjusted 0.9 percent in August.
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