Today, the Ministry of Economy and Labour released the April 2023 Retail Sales Index (attached).
April’s volume of retail sales index decreased 4.1 per cent compared to last year. In value terms, retail sales increased to an estimated $98.3 million.
Four of the seven sectors recorded year-over-year volume sales index decreases in April 2023 as follows:
1. The sales volume for Food Stores fell 7.8 per cent. The sales volume for this sector was 12.1 per cent below April 2019 pre-pandemic sales level.