Retail trade sales were expected to have increased by 2.4% y/y‚ according to a median consensus from a survey of nine economists by BDpro. Forecasts among the economists polled ranged from 1.0% to 3.9%.
Measured in real terms‚ seasonally adjusted retail trade sales decreased by 1.4% month on month in March following month-on-month changes of -0.3% in February and 0.2% in January.
Seasonally adjusted retail trade sales increased by 0.6% in the first quarter of 2014 compared with the fourth quarter of 2013 and were up 3.2% in the first quarter of 2014 compared with the first quarter of 2013.
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