Macroeconomy/Finance

Retail sales fell 34.8% in June

Retail sales in small and medium enterprises (SMEs) fell 34.8% compared to the same month in 2019. In the Metropolitan Area of Buenos Aires, the fall was 49.3%, the rest of the country the fall was 20.3%. The gap is explained because in rural municipalities, with controlled cases of Covid-19, began the flexible quarantine.

Source: Infobae

Categories: Macroeconomy/Finance