KSH: Retail sales grow by 4.5% y.o.y.
The volume of retail sales saw a year-on-year rise of 4.5% in September, with a y.o.y. rise of 2.4% in food, drinks and tobacco stores, a rise of 5.9% in non-food retail trade and a rise of 7.6% in automotive fuel retailing, Central Statistics Office (KSH) reported today.
Retail sales were up 5.0%, according to unadjusted data. Both adjusted and unadjusted figures were the same as those in a first reading released on November 5.
Retail sales growth accelerated by 2.5% in each of the previous two months. Retail food sales rose an adjusted 2.4%. Non-food sales were up 5.9% and vehicle-fuel sales increased 7.6%.
In January-September, retail sales rose 5.1% according to calendar-adjusted and 5.0% according to unadjusted data. Food sales rose an adjusted 5.4%, non-food sales were up 4.9% and vehicle-fuel sales increased by 4.9%.
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