RIO DE JANEIRO, BRAZIL - In Rio de Janeiro, the State Treasury Department issued a report through the Coordination of Economic and Tax Studies (CEET) - which, in turn, falls under the Secretariat of Revenue - to illustrate the economic impacts caused by Covid-19 in the state.
The main losses caused by the social isolation period, so far, have been felt in the clothing and footwear retail sector, with a 75.9 percent decrease in revenue.
In addition, the food and beverage sector of bars, restaurants, snack bars, and bakeries has also suffered losses over 60 percent.
The study was based on . . .