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Retail sales decline in real terms | News.at

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Retail sales decline in real terms |  News.at

The minus was 3.3 percent in January and 4.0 percent in February, with nominal increases of 7.3 and 6.3 percent. This was the result of a study by the economic research institute commissioned by the trade association.

Business is particularly weak in the non-food sector. The figures showed that “dealers are not enriching themselves from the inflation crisis,” said the trade association manager yesterday Rainer Will. The trade acts “inflation dampening”.

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