Business

Provisional statistics of retail sales for March 2020

The Census and Statistics Department (C&SD) released the latest figures on retail sales today (May 5).

The value of total retail sales in March 2020, provisionally estimated at $23.0 billion, decreased by 42.0% compared with the same month in 2019. The revised estimate of the combined value of total retail sales in January and February 2020 decreased by 31.8% compared with the same period a year earlier. For the first quarter of 2020, it was provisionally estimated that the value of total retail sales decreased by 35.0% compared with the same period in 2019.

You can find the complete press release with supporting figures & tables here (click).