ET China Retail Sales in Q1 2020. Users should be aware that the quality of the underlying data has been impacted by the crisis and therefore may not be directly comparable with previous periods data. The statistical unit used for reporting sales figures in this inquiry is the enterprise (i.e. The RSI does include internet/online sales of enterprises which have a presence in Ireland but these sales are included under the primary activity of the enterprise, e.g. aggregate series are adjusted without reference to the component series. 1513. For details regarding how this data has been affected The CSO understands the severe difficulties now being faced by survey respondents and that filling in the survey forms may not be top of their list at present, however it is by collecting survey information that we will be able to report on the effects of COVID-19 on our economy and society. The volume of retail sales decreased by 35.4% in April 2020 when compared to March 2020 on a seasonally adjusted basis.
On an annual basis, volume decreased by 43.3% in April. The monthly volume indices are calculated by deflating the seasonally unadjusted value indices by specially constructed retail price indices derived from the Consumer Price Index (CPI). The results contained in this release reflect some of the economic impacts of the COVID-19 situation. Retail sales return to pre-Covid levels. April sales plunged a record 16.4%, following an 8.3% decline in March. Retail trade sales were up 16.8 percent (± 0.5 percent) from April 2020, but 1.4 percent (± 0.7 percent) below last year. This is the largest monthly decrease since January 2009 when Retail Sales fell by 16.8% and follows a monthly decrease of 12.5% recorded for March 2020. The retail sales of consumer goods excluding automobiles reached 2,384.1 billion yuan, … Users should be aware that further observations, as data becomes available in the months ahead, and revisions to the seasonal adjustment models may result in revisions to the seasonal adjusted series. Receipts at clothing stores dropped to $2.4 billion from $22.1 billion in February, the last month before the pandemic.A few retailers stood out. We appreciate the ongoing support of the business community and understand the difficulties faced by all.This release has been compiled during the COVID-19 crisis. Sales excluding gas and autos — two of the largest sources of retail spending — sales sank 16.2%.Grocery stores, which benefited from consumer stockpiling in March, posted a 13% decline in sales. Many states are trying to open their economies, but they are moving slowly to avoid further outbreaks of COVID-19 cases. To put these changes in context, the figure below displays the last 13 years of monthly retail sales.
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