Spectator on facebook

Spectator on facebook

Retail sales in Slovakia ticked up in May

After a one-month decline, retail sales in Slovakia in May returned to modest growth, helped in particular by sales of motor fuels. In April, retail sales fell 1.9 percent year-on-year, but in May they grew by 0.6 percent, to €1.478 billion, the SITA newswire reported, citing the Slovak Statistics Office (ŠÚ).

After a one-month decline, retail sales in Slovakia in May returned to modest growth, helped in particular by sales of motor fuels. In April, retail sales fell 1.9 percent year-on-year, but in May they grew by 0.6 percent, to €1.478 billion, the SITA newswire reported, citing the Slovak Statistics Office (ŠÚ).

During the first five months of this year retail sales reached €7.058 billion and maintained an annual growth rate of 0.5 percent. In monthly terms, retail sales in May increased compared to April by 0.6 percent. Year-on-year development was influenced by a 6.2 percent increase in sales of motor fuels in specialised outlets. Retail sales in Slovakia declined in 2011 (by 2.8 percent) and in the preceding two years. In 2009, the sector suffered the impact of the economic crisis as well as shopping tourism (i.e. Slovaks travelling to neighbouring countries to shop), resulting in a year-on-year drop in retail sales of over 10 percent in that year.

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

Police will check overpriced EU presidency

The presidency will also be scrutinised by state auditors.

The ceremonial launch of the Slovak presidency's logo.

Inspectors to focus on firms with foreign staff

Scrutiny follows media report by Serbian journalist concerning conditions in a Galanta-based plant.

Labour Minister Ján Richter

Bratislava councillors want gambling regulation, not ban

Seventeen councillors do not agree with total prohibition of gambling in the capital, they want to continue in its strict regulation.

SaS denies Russian media reports on its support of Slexit

The opposition party has objected to news in some Russian media stating that it supports the departure of Slovakia from the EU, i.e. Slexit.

Richard Sulík