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According to the DZS, the retail trade in May rose 4.3% nominally and 1.0% really year on year, which was below the expectations of macroeconomic analysts polled by Hina.
The analysts' forecasts of consumption growth ranged between 1% and 2.8%.
Given that retail trade went up 3.7% in April, May's figures showed deceleration in consumption growth.
The results in April were mainly ascribed to the late Easter holidays.
(Hina) ms