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Retail sales up by 13.8% y-o-y in May


Retail sales at current prices grew by 13.8% y-o-y in May, a deceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The result slightly exceeded market expectations, which were for an increase of about 13.5% y-o-y.

In comparison with the corresponding period of 2010, sales were up in all of the main branch specialisations. The highest increase was noted in other retail sale at non-specialist retail stores (up by 33% y-o-y), followed by textiles, clothing and footwear (up by 24.2% y-o-y), pharmaceuticals, cosmetics and orthopaedic equipment (up by 17% y-o-y), and fuels (up by 16.2% y-o-y). Double-digit growth was also recorded in sales of newspapers, books and other items at specialist stores (up by 10.3% y-o-y) and motor vehicles, motor cycles and parts (up by 10% y-o-y). Sales of food, beverages and tobacco products went up by 5.9% y-o-y and sales of furniture, radio, TV and household appliances were up by 3.8% y-o-y.

In the first five months of 2011 retail sales at current prices rose by 12.3% y-o-y.

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