Sales in SME retail stores registered an annual drop of 28.5% in January, and fell 6.4% in the monthly comparison. The largest annual decline was detected in Pharmacies (-45.8%), followed by Food and Beverages (-37.1%).

The businesses consulted agree that January was a lost month. “Mainly due to economic uncertainty and the sharp increase in prices, which was not accompanied by an adjustment in wages,” said the business entity CAME.