4th April 2014

Retail sales in the Czech Republic increased by 8.1 % year-on-year

According to the Czech Statistical Office retail sales in February 2014 increased by 8.1 % year-to-year and 0.3 % month-to month. The growth of retail sales was mostly contributed by automotive sales and repairs. In retail trade excluding automotive sales but including sale of automotive fuel (CZ-NACE 47) sales increased by 3.2% year-to-year. The growth of retail sales started in November 2013 and it is one of the signs that the Czech economy is starting to recover from the recession.

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Members of the American Chamber of Commerce in the Czech Republic