Retail sector sees sharp recovery as govt eases restrictions - News Summed Up

Retail sector sees sharp recovery as govt eases restrictions


The platform had compiled data from May 11-14, 2020, and compared it with data collected from May 22-25 last year. Both sets of dates represent Ramadan 17-20 for a more rational comparison due to the high demand around Eid. Furthermore, May 25, 2019 being a Saturday was statistically adjusted to account for Ramadan 20 being a Thursday in 2020. Consumer traffic across retailers in Lahore, Faisalabad, Islamabad and Peshawar registered over 10pc per cent decrease as compared to last year, whereas Sialkot’s consumer traffic fell over 20pc compared to the same period last year. For the cities that saw an increase in traffic, Rahim Yar Khan’s differential was the highest where consumer traffic was roughly around 60 per cent more than last year.


Source: Pakistan Today May 15, 2020 17:48 UTC



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