2019.07.0907:26:00UTC+00Czech Retail Sales Growth Slows In May

The Czech Republic's retail sales growth slowed further in May, figures from the Czech Statistical Office showed on Tuesday.

Retail sales climbed 2.7 percent year-on-year in May, following a 5.4 percent rise in April. Economists had expected sales to increase 4.0 percent.

Sales of food, beverages and tobacco rose 0.3 percent annually in May.

Sales of non-food products rose by 5.6 percent, while sales of automotive fuels in the specialized stores declined by 0.7 percent.

On a month-on-month basis, retail sales declined 1.0 percent in May.