Retail Sales in Armenia decreased 14.80 percent in August of 2020 over the same month in the previous year.

Retail Sales YoY in Armenia averaged 3.23 percent from 2007 until 2020, reaching an all time high of 22.40 percent in November of 2017 and a record low of -33.10 percent in April of 2020. This page provides - Armenia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Retail Sales YoY in Armenia is expected to be -2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Armenia to stand at 5.20 in 12 months time. In the long-term, the Armenia Retail Sales YoY is projected to trend around 7.50 percent in 2021, according to our econometric models.

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Armenia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-14.80 -10.40 22.40 -33.10 2007 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-25 09:00 AM May -18.4% -33.1% -11.5%
2020-07-27 08:00 AM Jun -12.4% -18.4% -5.5%
2020-08-25 08:00 AM Jul -10.4% -12.4% -11%
2020-09-25 08:00 AM Aug -14.8% -10.4% -8.5%
2020-10-26 08:00 AM Sep -14.8% -2.5%
2020-11-25 08:00 AM Oct
2020-12-25 08:00 AM Nov

Armenia Consumer Last Previous Highest Lowest Unit
Retail Sales YoY -14.80 -10.40 22.40 -33.10 percent [+]
Consumer Credit 958403.54 956792.09 958403.54 37915.30 AMD Million [+]
Consumer Spending 1025430.50 1107768.00 1665876.80 202409.00 AMD Million [+]


Armenia Retail Sales YoY
In Armenia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.