Retail sales in Chile went up 2.3 percent year-on-year in August 2019, following a downwardly revised 1.6 percent gain in the previous month. Sales increased further in spare parts, tires & accessories for automotive vehicles (10.8 percent from 5.8 percent in July); light commercial & used motor vehicles (16.6 percent from 3.6 percent); pharmacy, cosmetics & personal hygiene products (4.4 percent from 1.1 percent); and building materials, tools, hardware & paint (5.1 percent from 1.7 percent). Also, other non-classified sales rebounded (10.4 percent from -4.8 percent). On a monthly basis, retail trade jumped 7 percent, after an upwardly revised 1.1 percent fall in the prior month. Considering the first eight months of the year, retail trade rose 0.8 percent over a year earlier. Retail Sales YoY in Chile averaged 6.28 percent from 2006 until 2019, reaching an all time high of 23.80 percent in April of 2010 and a record low of -5.10 percent in April of 2009.

Retail Sales YoY in Chile is expected to be 3.30 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 Chile to stand at 3.90 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 3.90 percent in 2020, according to our econometric models.

Chile Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-03 01:00 PM Retail Sales YoY May 3.3% -0.7% 0.1%
2019-08-02 01:00 PM Retail Sales YoY Jun -0.9% 3.3% 2.5%
2019-09-03 12:00 PM Retail Sales YoY Jul 1.8% -1.2% 3.1%
2019-10-03 12:00 PM Retail Sales YoY Aug 2.3% 1.6% 2.5%
2019-11-05 12:00 PM Retail Sales YoY Sep 2.3% 3.3%
2019-12-03 12:00 PM Retail Sales YoY Oct 4.2%


Chile Consumer Last Previous Highest Lowest Unit
Consumer Confidence 39.40 40.30 59.30 31.50 Index Points [+]
Retail Sales MoM 7.00 -1.10 33.90 -27.00 percent [+]
Retail Sales YoY 2.30 1.60 23.80 -5.10 percent [+]
Consumer Spending 25164.78 24801.87 26446.04 7342.00 CLP Billion [+]
Consumer Credit 26714.00 26519.00 26714.00 2224.00 CLP Billion [+]
Private Sector Credit 165500.85 164279.82 165500.85 21212.00 CLP Billion [+]
Bank Lending Rate 4.99 5.68 15.15 4.74 percent [+]
Households Debt To GDP 45.60 45.40 45.60 22.70 percent of GDP [+]
Gasoline Prices 1.12 1.16 1.76 0.43 USD/Liter [+]


Chile Retail Sales YoY

In Chile, 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. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 1.60 23.80 -5.10 2006 - 2019 percent Monthly
2014=100, NSA




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