Year-on-year decline in Slovak retail sales softens in May

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 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.

Source: SITA

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

Get daily Slovak news directly to your inbox

Top stories

News digest: The Gale targets corruption, cabinet officially prolongs curfew

Slovakia learned about biggest corporate taxpayers, the president signed laws changing the minimum wage and 13th pensions. Read the latest news overview.

Mobile testing units were built in the Hviezdoslavovo Square in Bratislava.

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov

Storm transforms into Gale. More judges and an influential businessman detained

The police raid related to corruption in Bratislava courts.

Businessman Zoroslav Kollár (l) was brought to NAKA.