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Retail trade in March up

ZAGREB, May 11 (Hina) - Retail trade in Croatia in March increased by 1.1% in real terms on the year, according to figures provided by the State Bureau of Statistics (DZS) which also show that retail trade has been going up for the eighth consecutive month.

According to working-day adjusted data, retail trade in March increased by 0.4% in nominal terms and by 1.1% in real terms on the year. These figures confirmed preliminary projections which the DZS released in early May.

This, however, is a somewhat slower growth than in February when consumption was up 1.9%.

An increase in consumption for eight months in a row has not been recorded since 2007, two years before the recession.

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