The year-on-year decline in retail sales softened in May according to data from Slovakia’s Statistics Office which showed retail sales reached €1.412 billion in May, down 3.1 percent year-on-year compared to a 5.4-percent y-o-y decrease reported in April, the SITA newswire reported.
The development in May is primarily attributable to a 10.3-percent drop of sales of other goods in specialised outlets. Sales of motor fuels plummeted by 4.6 percent and sales in non-specialized outlets fell by 0.2 percent. Retail sales of goods for households in specialised outlets rose by 4.4 percent y-o-y, SITA wrote. Retail sales dropped 2.8 percent in annual terms to €6.633 billion in the January-May period.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
6. Jul 2010 at 14:00