Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

Retail Sales up 3.1% in February

Retail sales totaled 31.3 billion crowns in February, up 3.1 percent in comparison with the same period of 1998. This continued an upward trend in retail sales, as in January and February, sales were 61.7 billion crowns, up 6.4 percent y/y, the Slovak Statistics Bureau said on Friday.

Sales in wholesale trade mounted 9.7% year-on-year (in current prices) to 54.1 billion crowns in February. Sales in wholesale trade grew 8.9% to 104.7 billion crowns year-on-year in the first two months of 1999. The share of the private sector in wholesale trade increased 0.3% to 99.5% year-on-year.

An 80.8% growth in the wholesale trade of goods for households, a 61% rise in wholesale trade of food and tobacco and a 43.6% growth in wholesale trade of agriculture-commodities and livestock were the most responsible for the volume of wholesale sales.

The wholesale trade reported a downward trend in trade of machinery and equipment (down 15.8 percent) and other non-agricultural sectors.

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.