Retail trade decreases in June 2020

Turnover Value Index of Retail Trade in Cyprus in June 2020, decreased by 5.7% compared to the corresponding month of the previous year and reached 114.8 units (base 2015=100), on the basis of provisional estimates by the Statistical Service of Cyprus.

For the period of January-June 2020, the index is estimated to have recorded a decrease of 5.0% compared to the same period of 2019.

On the basis of provisional estimates, in June 2020, the Turnover Volume Index of Retail Trade decreased by 2.6% compared to the corresponding month of the previous year and reached 121.6 units (base 2015=100).

For the period of January-June 2020, the index is estimated to have recorded a decrease of 3.6% compared to the same period of 2019.

It is noted that in June 2020, many COVID-19 containment measures had been gradually lifted in Cyprus.