Spectator on facebook

Spectator on facebook

Retail sales in Slovakia fall in April after a rising trend for three months

After posting moderate annualised growth for three months in a row, Slovakia's retail sales fell in April according to data of released by the Slovak Statistics Office (ŠÚ) that reported that April’s retail sales dropped by 1.9 percent from April 2011 to €1.418 billion. In March, retail sales had grown by 0.1 percent, in February by 2 percent, and in January by 1.5 percent – which had been the first annual growth in retail sales after 18 months, the SITA newswire reported.

After posting moderate annualised growth for three months in a row, Slovakia's retail sales fell in April according to data of released by the Slovak Statistics Office (ŠÚ) that reported that April’s retail sales dropped by 1.9 percent from April 2011 to €1.418 billion. In March, retail sales had grown by 0.1 percent, in February by 2 percent, and in January by 1.5 percent – which had been the first annual growth in retail sales after 18 months, the SITA newswire reported.

Over the course of the first four months of 2012, retail sales grew by 0.5 percent from the same period in 2011 to €5.581 billion. Compared with March, retail sales dropped 1.3 percent. Lower sales in April were reported in most categories.

The most significant drop was recorded in retail trade of IT technologies, by 5.9 percent, and in retail trade of other household equipment in specialised stores by 4.9 percent.

Sales increased only in retail trade of motor fuels by 4 percent, the SITA newswire wrote based on the ŠÚ report.

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.

Top stories

Armed forces need new armour, and more

Slovakia's armed forces need to modernise their military technology, but also improve infrastructure and make soldiers' salaries more competitive.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

Police president refuses the proposals of students

He turned down their suggestions for a public debate but invites them to talk about corruption at the Police Corps Presidium.

Police President Tibor Gašpar

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.