Retail sales in Chile slumped 28.7 percent from a year ago in May of 2020, following an upwardly revised 31.7 percent tumble in the previous month. It was the third consecutive month of declines in retail activity, due to the coronavirus crisis. On a monthly basis, retail trade surged 11.4 percent, recovering sharply from an upwardly revised 25.6 percent fall in the prior month. In the first five months of the year, retail sales shrank 14.5 percent over a year ago.
Retail Sales YoY in Chile averaged 5.37 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 July of 2020. source: National Institute of Statistics, Chile
Retail Sales YoY in Chile is expected to be -1.00 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 2.00 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.