Retail sales growth in Czechia accelerates to 4.6% in November, driven by online trade

Retail sales in Czechia accelerated their year-on-year growth last November. Excluding sales and repairs of motor vehicles, turnover rose by 4.6%, up from 2.4% in October, according to the Czech Statistical Office. Online sales were the main driver of growth. Month on month, retail turnover increased by 0.8%. Sales rose across food, non-food goods and fuel. According to the statistical office, annual growth was recorded in all retail segments except stores selling computers and communication equipment and outlets focused on household goods.

Author: Vít Pohanka