Electronics stores report huge sales in wake of crown weakening

Czech retailers of computers, home appliances and other electronic goods have reported massive sales over the weekend in the wake of the Czech central bank’s intervention against the Czech crown. The news agency ČTK reported on Monday that sales in some chains as well as online shops increased by as much as 35 percent. The retailers believe that customers are buying Christmas presents before the central bank’s takes effect and increases the prices of imported goods.

Author: Jan Richter