Volume of retail sales is on rise for three years and a half, reported KSH.
In November 2016 and in the period January-November 2016, the volume of retail sales rose by 4.5 percent and 4.7 percent year-on-year, respectively, and thus a positive sales trend has been in place for 41 months in a row. Household consumption growth is expected to pick up in coming years.
The volume of sales at specialized and non-specialized food retailers was up by 2.3 percent, while that of the non-food sector soared by 7.4 percent year-on-year, after a robust increase in the past more than three years.
