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Retail sales rose in March

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Retail sales rose in March

Both volume and retail trade value rose in March on an annual basis.

However, according to the data of the Statistical Service, for the period January – March 2021, the value index is estimated to have decreased by 2.0% and the volume index increased by 0.5% compared to the same period of 2020, reflecting the consequences of the coronavirus pandemic.

According to the data, the Retail Turnover Value Index increased in March 2021 by 8.6% compared to the corresponding month of the previous year, while the Retail Turnover Volume Index increased by 10.6% compared to the corresponding month of the previous year.

Source: politis.com.cy

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