EURUSD 1.1754 USDJPY 113.33 USDCAD 1.2855 EURCZK 25.611 USDCZK 21.785 EURPLN 4.2064 USDPLN 3.5789
EURUSD 1.1754 USDJPY 113.33 USDCAD 1.2855 EURCZK 25.611 USDCZK 21.785 EURPLN 4.2064 USDPLN 3.5789

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Retails sales dynamics reflects the overall condition of the whole Czech economy

Country:CZ
Impact:medium
Current value:5.2
Last value:8.1
Change: 2.9 Loss
Minimum value: (May 2013)
Maximum value: 16 (Oct 2001)
Retail sales

Rule of thumb

Retail sales  are subject to seasonal effects such as increased volume in December due to  Christmas time

Retail sales dynamics  are published by the Czech Statistical Office, and it reflects the activity of the inner demand within the Czech Republic.

 

Retail sales dynamics  are calculated upon the basis of all receipts from sales of goods, own products and services surveyed on a fixed sample of companies that include among others food, beverages, tobacco products, motor vehicles, motorcycles and fuel.

 

Rising dynamics of  retail sales, and better than expected data releases, may provide fundamental support to the Czech currency, as the rising retail sales reflects the optimism among customers.  This may signal the improvement of the overall economic climate.

 

On the other hand, a decrease of  retail sales over a longer period of time may indicate  worsening economic conditions and negatively influence the Czech koruna.

 

Periodicity of publication

Retail trade sales are published every month by the Czech Statistical Office.

Pola oznaczone gwiazdką są wymagane.

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