Traders’ sales are falling, in July by more than seven percent

Traders’ sales are falling, in July by more than seven percent
Traders’ sales are falling, in July by more than seven percent

Prague – The year-on-year decline in retail sales in July accelerated slightly to 7.2 percent from June’s revised 6.9 percent. This resulted in lower sales of fuel, non-food goods and food, supported by the increase in their prices. Retailers’ sales are falling in the Czech Republic for the third month in a row. This follows from the data published today by the Czech Statistical Office (ČSÚ). Month-on-month, retail sales in July were down by 0.6 percent.

“Consumers were only more interested in pharmaceutical and medical goods than last year, sales in other types of stores decreased,” said Marie Boušková, director of the department of trade, transport, services, tourism and environment statistics of the CZSO.

Sales in specialized stores with computer and communication equipment fell by 15.1 percent year-on-year in July. Sales for fuel fell by 13.5 percent, for non-food goods by more than seven percent, and for food by five percent.

Sales of food sellers in specialized stores decreased by 7.9 percent compared to last July. In non-specialized stores with a predominance of food, they fell by 4.9 percent.

Statisticians also noted a drop in sales in the first month of the holiday for household products, by 12 percent. Sales of products for culture, sport and recreation fell by less than a tenth.

On the contrary, sales growth was reported by shops with pharmaceutical and medical goods. In July, people spent 1.8 percent more money in them than a year ago.

Sales of online and mail-order stores fell by almost six percent. “Online stores recorded a decrease in sales for the seventh month in a row,” said Boušková.

People also spent less money at car dealerships and service centers. Sales and repairs of motor vehicles were 6.2 percent lower year-on-year. Sales of motor vehicles, including spare parts, as well as repairs, recorded a decrease in July.

Month-on-month sales in retail trade excluding motor vehicles decreased by 0.6 percent. Compared to June, sales for fuel fell by 2.2 percent, for non-food goods by half a percent, and for food by 0.3 percent, according to the CZSO.

economy market sales July-CZSO

The article is in Czech

Tags: Traders sales falling July percent

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