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Retail Sales for April 2020
Retail sales decreased 40.5% in April 2020 compared to April 2019. Excluding motor vehicles, retail sales fell 32.8%. The decline was mainly attributed to the Circuit Breaker measures1 from 7 April to contain the COVID-19 outbreak. Compared to the previous month, seasonally adjusted retail sales declined 31.7% in April 2020. Excluding motor vehicles, seasonally adjusted retail sales decreased 26.0%.
The estimated total retail sales value in April 2020 was about $2.1 billion. Of these, online retail sales made up an estimated 17.8%. Online retail sales of the Computer & Telecommunications Equipment, Furniture & Household Equipment industries and Supermarkets & Hypermarkets made up 70.6%, 50.4% and 7.7% of the total sales of their respective industry.
Read more about the Retail Sales Index for April 2020 here.