Report

Retail sales growth slows notably to 4.1% y/y in March

- Weakest consumption growth reported since May 2019, caused by epidemic crisis start at mid-March
- Food sales accelerate increase over panic purchases
- Non-food sales edge down; severe decline hampered by pharmaceuticals and online sales growth
- Fuel sales drop strongest due to movement restrictions, likely to keep falling in April
- Food sales may keep growing as people eat at home during lockdown
Provider
CEEMarketWatch
CEEMarketWatch

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