Czech Retail Sales Fall In June

The Czech Republic’s retail sales fell in June after rising in the previous month, data from the Czech Statistical Office showed on Wednesday.

Retail sales fell by a working-day adjusted 2.0 percent annually in June, after a 0.8 percent rise in May. In April, sales declined 10.8 percent.

On an unadjusted basis, retail sales remained unchanged year-on-year in June. Economists had expected a 3.6 percent rise.

On a month-on-month basis, retail sales excluding automobile trade rose a seasonally adjusted 0.2 percent in June.

Sales of automotive fuel increased 7.6 percent in June. Sales of food fell 0.3 percent and those of non-food goods declined by 0.7 percent.

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