Czech retail sales down 1.8 percent year on year in November

Czech retail sales dropped by 1.8 percent year on year in November after a 2.2 percent growth seen in October, according to data released by the Czech Statistical Office on Friday. The fall is ascribed to lower car sales and lower sales of household equipment. Food sales continued to drop both in specialised and non-specialised stores and after thirteen months of continual growth sales of clothing and footwear also dipped slightly. Seasonally adjusted sales decreased by 0.6 percent in real terms against October.