Cyprus retail trade slips again in April

Retail trade slipped again in April according to provisional estimates from the Statistical Service.
The figures show that retail trade turnover volume fell by 2.7% over the year earlier in April 2010 and by 2.0% compared with March 2010.
Revised data for March show that the index increased by 11.1% compared with March 2009 and by 16.9% compared with the previous month.
For the period January-April 2010, the index is provisionally estimated to have a decreased by 0.7% over the corresponding period of 2009.
In January-March, the index rose by just 0.1%.
Meanwhile, the value of retail trade in April is provisionally estimated to have fallen over the year earlier by 0.2%. In March, the value index rose year on year by 13%.
For the period January-April 2010 the value index is provisionally estimated to have decreased by 1.2% compared with the corresponding period of 2009.