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2018.09.0510:24:00UTC+00Czech Retail Sales Growth Rises Sharply

Czech retail sales growth accelerated at a faster-than-expected pace in July, preliminary data from the statistical office showed Wednesday.

Retail sales, including automotive fuel and automobile trade, rose a non-adjusted 7 percent year-on-year following a 1.4 percent in June. Economists had forecast a 5.9 increase.

Sales excluding automobile trade grew 5.6 percent in July after a 2.1 percent increase in the previous month.

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