Serbia’s retail sales decline 3.8% y/y in Feb

by Cristian Florescu

Serbia’s retail sales decreased by a real 3.8% on the year in February, after a 1.8% annual growth a month earlier, statistical office data showed on Friday.

Month-on-month, retail sales went down by 3.8% in February, following a 20.6% decrease in January, the statistical office said in a statement.

At current prices, February retail sales added 11.7% on the year and were 2.5% lower on the month.

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