Retail Trade Turnover index grew 7.8%

Retail trade turnover index registered a year-on-year change rate of 7.8% in June, 8.2 percentage points below the rate observed in May. These results continue to be influenced by a base effect, given that the comparison focuses on months heavily affected by the pandemic, with a year-on-year decrease of 4.5% in June 2020. Note that in June 2021 the index was 4.1percentage points above June 2019.

The indices of employment, wages and salaries and hours worked adjusted of calendar effects presented year-on-year change rates of 1.3%, 6.8% and 11.2%, respectively (1.4%, 8.0% and 24.2% in the previous month, by the same order).

In the 2nd quarter of 2021, the retail trade turnover index increases by 16.8% on a year-on-year basis (-7.7% in the 1st quarter). Compared with the same period of 2019, before the pandemic, in the second quarter of 2021, the retail trade index increased by 2.2%.