Retail sales in Chile jumped 9.5 percent year-on-year in September of 2020, following an upwardly revised 3.2 percent gain in August and marking the strongest annual growth since October of 2013 as the economy tries to rebound from the coronavirus pandemic. Main increases were seen in sales of hardware items, paints and glass products in specialized stores, and in sales at non-specialized businesses, namely food, beverages and tobacco. On a monthly basis, retail sales went down 1.5 percent, after surging 33 percent in August. source: National Institute of Statistics, Chile
Retail Sales YoY in Chile averaged 5.08 percent from 2006 until 2020, reaching an all time high of 23.80 percent in April of 2010 and a record low of -31.70 percent in April of 2020. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Retail Sales YoY in Chile is expected to be -0.60 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 6.50 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 2.50 percent in 2021 and 3.90 percent in 2022, according to our econometric models.