Retail sales have been declining for half a year

Retail sales in the Czech Republic have been declining year over year for half a year. The decline accelerated to 9.4 percent in October after a revised 5.3 percent decrease in September.

People spent less, especially on non-food items. Compared to September, October sales were down 1.8 percent. The Czech Statistical Office (CSO) published the information on its website on Tuesday.

“The year-on-year decline in retail sales continued in October, and the decline has been ongoing since May. The pace of decline deepened compared to the previous month, especially for non-food goods, but also for food and fuel,” said Jana Gotvaldová, head of the CSO’s statistics department for trade, transport, and services.

In October, sales of non-food goods fell by 11.2 percent year-on-year, fuel by eight percent, and food by seven percent.

Source

Recent posts

See All
  • Hans Weber
  • April 24, 2025

Jak Teherán buduje vliv stovky kilometrů od svých hranic

  • Hans Weber
  • April 24, 2025

Iran and the Polisario: Proxy Conflict in North Africa

  • Hans Weber
  • March 27, 2025

Tunisian National Day –March 20th

Prague Forum Membership

Join us

Be part of building bridges and channels to engage all the international key voices and decision makers living in the Czech Republic.

Become a member

Prague Forum Membership

Join us

    Close