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Home » News » Trade revenues accelerated to a year-on-year decline to 5.3 percent in November

Trade revenues accelerated to a year-on-year decline to 5.3 percent in November

January 13, 2021

Updates: 13.01.2021 09:27

Prague – Calendar-adjusted retail sales fell 5.3 percent year-on-year in November. The decline thus accelerated significantly compared to October, when sales were 0.7 percent lower than in the previous year. It follows from data, published today by the Czech Statistical Office (CSO). Month-on-month, adjusted sales of traders in November were lower by 5.6 percent. Developments were influenced by anti-epidemic measures.

“In November, restrictions on retail sales resulting from government measures against the spread of coronavirus continued. The restrictions affected stone shops in clothing and footwear the most, but most specialized stores reported lower sales,” said CZSO Director of Services Statistics Marie Boušková.

A number of stone shops had to close due to the covid-19 epidemic. However, the decline in their sales was in some cases partially offset by sales via the Internet, which increased by more than 30 percent year on year.


Source: České noviny – hlavní události by www.ceskenoviny.cz.

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