Retail sales in Slovakia dip again in April

Retail sales in Slovakia dipped again after recording their first year-on-year growth (0.2 percent) in March since December 2008. The indicator slipped 5.4 percent y-o-y to €1.346 billion in April, the TASR newswire reported.

Retail sales in Slovakia dipped again after recording their first year-on-year growth (0.2 percent) in March since December 2008. The indicator slipped 5.4 percent y-o-y to €1.346 billion in April, the TASR newswire reported.

Slovakia’s Statistics Office sees lower sales of goods in specialized outlets as behind the dip. These sales went down by 11.9 percent in annual terms. Sales of motor fuels slid 6.7 percent. Retail sales outside outlets, kiosks and markets fell by 4.4 percent and sales of goods for households in specialised and non-specialised outlets reported an equal decline of 1.3 percent. Retail sales have tumbled 2.8 percent to €5.220 billion over the first four months of this year.

Sales in the wholesale sector grew 3.9 percent in a year-on-year comparison to €1.978 billion. In a monthly comparison, pubs and restaurants reported a 2.8-percent decline. Sales of accommodation went down by 2 percent, retail sales by 1.8 percent and sales in the wholesale sector slid 1.3 percent on a monthly basis.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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