Retail sales in Bosnia and Herzegovina jumped 7.3 percent year-on-year in December 2019, up from a 4.1 percent rise in the previous month. It was the highest gain in retail trade activity since March, as non-food sales advanced faster (11.3 percent vs 7.7 percent in November). Also, automotive fuel sales fell at a softer pace (-3.5 percent vs -9.6 percent) while food, beverages & tobacco products sales slowed (9.1 percent vs 9.3 percent). On a monthly basis, retail trade went up 0.9 percent, easing from a 2.0 percent rise in November. For full 2019, retail trade grew 5.0 percent when compared with 2018.
Retail Sales YoY in Bosnia and Herzegovina averaged 6.15 percent from 2010 until 2019, reaching an all time high of 22.20 percent in April of 2011 and a record low of -10.50 percent in March of 2010. This page provides the latest reported value for - Bosnia and Herzegovina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Retail Sales YoY in Bosnia and Herzegovina is expected to be 2.90 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 Bosnia and Herzegovina to stand at 3.80 in 12 months time. In the long-term, the Bosnia and Herzegovina Retail Sales YoY is projected to trend around 3.20 percent in 2021, according to our econometric models.