Retail sales accelerated from year-over-year growth to 8.5% in January after a 0.1% rate growth in December. Stores affected by anti-epidemic measures improved last year. On the other hand, online and mail order stores underperformed. This follows data published on Monday by the Czech Statistical Office (CSO). On a monthly basis, sales were up 1.6 percent.
Compared to last January, people spent 14.8 percent more on non-food items, 7.8 percent more on fuel and 0.4 percent more on food. The highest growth was recorded in clothing and footwear stores, where their sales almost tripled. “However, they have not yet reached the level of 2019,” said Marie Bochkova, director of the Trade Statistics Department at the Central European Regional Office.
Sports equipment stores improved by nearly a third, sales at home goods stores grew by more than 27 percent, at drugstores by 15 percent, at electronics stores by 11.3 percent and at drugstores by seven percent. Food retailers were more successful in specialty stores, whose sales increased 7.7 percent, than in non-specialty stores dominated by food, and sales stagnated.
Online and mail order stores earned 5.7 percent less than they did in the first month of last year. “This is mainly due to the high growth in January 2021, when stone shops were closed,” added Pushkova.
Auto sales and repairs fell 10.1 percent year on year. Revenue was lower from the sale of cars, including parts, and repairs.
CZSO indicated that the January data is preliminary. Final data for all months of 2022 with statistics will not be published until March 2023.
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