Real-time retail consumption tracker for May 25 – 31, 2020
Between May 25 and 31 consumer spending adds 3% w-o-w, while the y-o-y decline decelerated to 12.6%. This is the best result since early April. Weekly growth remains stable, although modest.
Total sales, including groceries and non-food items, at lockdown highs and stable. Last week results show 1.6% increase y-o-y.
Consumer spending in May 16.8% lower y-o-y compared to 26.2% y-o-y decline in April.
Gradual and stable improvements were registered through other sources of quick data. According to Evotor – an online cash register operator, a member of the Sberbank Group – the number of active POS terminals grew to 64.3% from 61.8%. The consumer activity index increased to 63.6 from 60.6 points in the same stretch.