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Retail Trade Turnover index down by 13.1%
Business turnover, employment, wage and hours worked index in retail trade
Retail Trade Turnover index down by 13.1% - May 2020
29 June 2020

Summary

Retail trade turnover index registered a year-on-year change rate of -13.1% in May, 9.1 percentage points higher than April. The indices of employment, wages and salaries and hours worked adjusted of calendar effects presented year-on-year change rates of -3.1%, -7.1% and -22.2%, respectively (-2,1%, -5.2% and -30.8% in the previous month, by the same order).

The information in this press release referring May 2020 reflects the situation determined by the pandemic COVID-10, either in economic behavior either in the amount of data for compilation of results presented. We call for the best collaboration by firms, households and public entities in answering, despite the present difficulties, to Statistics Portugal. The quality of official statistics depends crucially on this collaboration, which INE thanks in advance.


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