Friday, the Statistical Service of the Republic of Cyprus announced that the retail sales volume dropped 2.8% month-on-month in February, compared with a 29.4% fall in the previous month.

Meanwhile, retail sales value declined 0.7% on a monthly basis in February, after falling 31.1% in January.

For the January to February period, retail sales volume rose 0.3% compared to the same period of the previous year, while retail sales value grew 4.2%.

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