2017 a record year for retail sales: analysts

Despite retail sales growth in October being slightly behind market expectations, analysts expect a record year for the retail sector. Consumer confidence in the economy is the highest in the history of the Czech Republic.

According to the figures released by Czech Statistical Office on Wednesday, Czech retail sales, with the exception of cars, in October slowed down to 6.3 percent compared with the same month a year earlier.

Fuels, non-food and food-sales rose higher, with the highest growth in sales recorded over the Internet and via mail order firms.