Slowdown recorded in retail sales in July
In July, the retail sales volume showed a limited increase of 0.2 percent on a monthly basis and 10.4 percent on an annual basis.
A slowdown was observed in the monthly and annual growth rate of retail sales in July; sales increased by 0.2 percent monthly and 10.4 percent annually.
July Sales Data
The monthly and annual growth rate of retail sales showed a tendency to slow down in July.
According to the announced data, retail sales increased by 0.2 percent monthly and 10.4 percent annually in July.
Trade Sales Volume Changes
Trade sales volume recorded a decrease of 0.6 percent in July compared to the same month of the previous year.
In the same month, trade sales volume declined by 2.5 percent compared to the previous month.
Sectoral Sales Developments
The sales volume for the wholesale and retail trade and repair of motor land vehicles and motorcycles decreased by 9.8 percent on an annual basis.
While the wholesale trade sales volume experienced a 4.2 percent decline in the same period, the retail trade sales volume increased by 10.4 percent.
Monthly Sectoral Activity
In July, the sales volume of trade and repair of motor land vehicles and motorcycles increased by 0.9 percent compared to the previous month.
In the same period, wholesale trade sales volume decreased by 4.5 percent, while retail trade sales volume recorded a 0.2 percent increase.