Republic saw third largest decline in retail sales in April
New stats show trade volumes declined by 11.7% in the euro zone, and by 11.1% in the EU
Retail trade volume fell by 21.9 per cent in the Republic in April versus the previous month.
The State recorded the third largest decline in retail sales in the European Union in April, new figures show.
Retail trade volume fell by 21.9 per cent in the Republic versus the previous month, according to data from the EU’s official statistics body, Eurostat. Malta recorded the biggest decrease in sales, down 25.1 per cent. It was followed by Romania, which reported a 22.3 per cent decline.
Overall, the volume of retail trade decreased by 11.7 per cent for the euro zone and by 11.1 per cent for the European Union during the month. On an annual basis, sales were down 19.6 per cent and 18 per cent respectively.
The biggest declines were in motor fuel and non-fuel products while purchases of food, drinks and tobacco were up by 2.5 per cent in the euro zone and by 1.4 per cent in the EU as a whole.