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Retail trade - March 2024

Year-on-year growth of sales in retail trade accelerated in March

Product Code: 120019-24

Sales in retail trade increased in real terms by 6.1%, year‑on‑year (y-o-y) in March; in the month-on-month (m-o-m) comparison, they increased by 1.3%. Sales for sale and repair of motor vehicles increased by 4.8%, y-o-y, whereas in the m-o-m comparison they decreased by 0.4%.

Sales in retail trade, except of motor vehicles1) increased in real terms by 1.3%, month‑on‑month, in March. Sales for sale of automotive fuel increased by 1.9%, sales for sale of non-food goods by 1.8%, and for sale of food by 0.5%.

Sales in retail trade increased in real terms by 6.1%, year-on-year, in March; sales for sale of non‑food goods increased by 7.7%, sales for sale of automotive fuel by 6.7%, and sales for sale of food by 4.0%.

“Year-on-year growth of sales in retail trade adjusted for price effects continued for the fourth successive month. The growth rate increased in March, compared to the previous months. Sales were increasing in all main groups of stores with non-food and food assortment,” Jana Gotvaldová, Head of the Trade, Transport, and Services Statistics Unit of the Czech Statistical Office (CZSO), says.

Sales in retail sale of cosmetic and toilet articles in specialised stores increased by 27.4%, year‑on-year; sales in dispensing chemist, retail sale of medical and orthopaedic goods in specialised stores increased by 6.3%, in retail sale of clothing, footwear and leather goods in specialised stores by 5.2%, in retail sale of other household equipment in specialised stores by 3.1%, in retail sale of cultural and recreation goods in specialised stores by 2.7%, and in retail sale of information and communication equipment in specialised stores by 0.1%. Sales in non‑specialised stores with food, beverages or tobacco predominating increased by 4.2% and in retail sale of food, beverages and tobacco in specialised stores by 1.8%. In other retail sale in non‑specialised stores, sales increased by 17.1%. In retail sale via mail order houses or via Internet2) sales increased by 14.9%.

Sales for sale and repair of motor vehicles3) decreased in real terms by 0.4%, m-o-m. In the year-on-year comparison, sales increased by 4.8%. Sales for sale of motor vehicles (including spare parts) increased by 5.3%, y-o-y, and sales for repair of motor vehicles by 2.6%.

International comparison of retail sales development in Member States of the EU is available at: https://ec.europa.eu/eurostat/web/short-term-business-statistics/publications.

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1) CZ-NACE 47 – retail trade, except of motor vehicles and motorcycles
2) CZ-NACE 4791 – retail sale via mail order houses or via Internet
3) CZ-NACE 45 – wholesale and retail trade and repair of motor vehicles and motorcycles

Notes:
All data in the text of the news release are at constant prices. The year-on-year development is published after having been adjusted for the influence of the number of working days (calendar effects). Month on‑month rates have also been seasonally adjusted. 
Enterprises are classified to the economic activity according to their principal (prevailing) activity, which is such an activity, from which the enterprise gets the highest value added.
Data for February 2024 have been revised in accordance with the CZSO Data revision policy. Data for March 2024 are preliminary; final data for all months of 2024 will be published in March 2025.
Methodology: https://csu.gov.cz/methodology-monthly-sales-indices-in-trade

Responsible head at the CZSO: Pavel Vančura, Director of the Trade, Transport, Services, Tourism, and Environmental Statistics Department, phone number: (+420) 274 052 096, (+420) 732 348 337, e-mail: pavel.vancura@csu.gov.cz
Contact person: Jana Gotvaldová, Head of the Trade, Transport, and Services Statistics Unit, phone number: (+420) 274 052 691, (+420) 735 130 284, e-mail: jana.gotvaldova@csu.gov.cz
Method of data acquisition: direct survey of the CZSO (“SP 112”)
End of data collection: 26 April 2024
End of data processing: 2 May 2024
Related outputs: time series in the Public database: (https://vdb.czso.cz/vdbvo2/faces/en/index.jsf?page=statistiky#katalog=31029).
Next news release will be published on: 5 June 2024

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