Czech retail sales growth slows to 4.3 percent in August

Retail sales in Czechia rose by 4.3 percent year-on-year in August, slowing from a revised 5.1 percent in July, according to figures released by the Czech Statistical Office on Thursday. Month-on-month, sales increased by 0.2 percent. Sales of non-food goods grew by 7.4 percent compared with August last year, while food sales rose by three percent. Fuel sales, however, declined by 3.2 percent. Online retailers traditionally recorded the strongest growth, statisticians said. Meanwhile, sales and repairs of motor vehicles, which are excluded from the main retail figures, fell by 2.2 percent year-on-year and 0.3 percent month-on-month.