Prague (dpa-AFX) – Czech retail sales grew at a softer pace in May, data from the Czech Statistical Office showed on Thursday.
Retail sales accelerated by a working-day 5.8 per cent year-on-year in May, after a 7.2 per cent fall in April.
On an unadjusted basis, retail sales gained 8.1 per cent annually in May.
Economists had expected a 9.0 per cent growth.
On a month-on-month basis, retail sales excluding automobile trade rose a seasonally adjusted 7.3 per cent in May.
Sales of non-food rose 11.8 per cent and sales of food goods grew 2.0 per cent.
Sales of automotive fuel increased 4.0 per cent.