Retail sales in Chile dropped 2.8 percent year-on-year in December 2019, following a 9.8 percent fall in the previous month. Sales fell less for new light motor vehicles (-17 percent vs -32 percent); clothing, footwear & accessories (-4.7 percent vs -14.7 percent); electronic products (-2.5 percent vs -9.4 percent); and beverages & tobacco (-2.7 percent vs -5.6 percent). Also, sales rebounded for spare parts, tires & accessories of motor vehicles (7.6 percent vs -6.8 percent); fuel (0.6 percent vs -0.4 percent); and construction materials (1.8 percent vs -5.4 percent). On a monthly basis, retail trade jumped 42.3 percent, after a 0.2 percent rise in the prior month. Considering 2019 as a whole, retail trade dropped 1.7 percent compared to a year earlier, amid a domestic unrest that hit the country since mid-October 2019 after the announcement of a hike in public transport prices.

Retail Sales YoY in Chile averaged 5.95 percent from 2006 until 2019, reaching an all time high of 23.80 percent in April of 2010 and a record low of -11.90 percent in October of 2019. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Institute of Statistics, Chile

Retail Sales YoY in Chile 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 Chile to stand at 1.30 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 3.90 percent in 2021, according to our econometric models.


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Chile Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-2.80 -9.80 23.80 -11.90 2006 - 2019 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-05 12:00 PM Sep -0.9% 1.9% 3.3%
2019-12-03 12:00 PM Oct -12.1% -1.1% -3.5%
2019-12-31 12:00 PM Nov -9.8% -11.9% -7%
2020-01-31 12:00 PM Dec -2.8% -9.8% -6.5%
2020-02-28 12:00 PM Jan -2.8% 0.5%
2020-03-31 12:00 PM Feb
2020-04-30 01:00 PM Mar 2.5%
2020-05-29 01:00 PM Apr


News Stream
Chile Retail Sales Falls the Least in 3 Months
Retail sales in Chile dropped 2.8 percent year-on-year in December 2019, following a 9.8 percent fall in the previous month. Sales fell less for new light motor vehicles (-17 percent vs -32 percent); clothing, footwear & accessories (-4.7 percent vs -14.7 percent); electronic products (-2.5 percent vs -9.4 percent); and beverages & tobacco (-2.7 percent vs -5.6 percent). Also, sales rebounded for spare parts, tires & accessories of motor vehicles (7.6 percent vs -6.8 percent); fuel (0.6 percent vs -0.4 percent); and construction materials (1.8 percent vs -5.4 percent). On a monthly basis, retail trade jumped 42.3 percent, after a 0.2 percent rise in the prior month. Considering 2019 as a whole, retail trade dropped 1.7 percent compared to a year earlier, amid a domestic unrest that hit the country since mid-October 2019 after the announcement of a hike in public transport prices.
2020-01-31
Chile Retail Sales Down for 3rd Month
Retail sales in Chile slumped 9.8 percent year-on-year in November 2019, following a downwardly revised 11.9 percent tumble in the previous month. It was the third consecutive month of downturn in retail activity, though at a softer pace. Sales decreased less mainly for new light motor vehicles (-31.9 percent vs -39.3 percent in October) and clothing, footwear & accessories (-14.6 percent vs -21 percent), but fell more for electronic products (-9.2 percent vs -8.8 percent). Year-to-date, retail sales went down 1.6 percent over a year ago. On a monthly basis, retail trade increased 0.2 percent, after a downwardly revised 5 percent decline in the prior month.
2019-12-31
Chile Retail Sales Tumble 12.1% YoY in October
Retail sales in Chile declined 12.1 percent year-on-year in October 2019, after an upwardly revised 1.1 percent fall in the previous month. It was the steepest downturn in retail activity since comparable records began in January 2015, as massive anti-government protests affected spending. Sales fell mostly for new light motor vehicles (-39.3 percent vs -8.5 percent in September); clothing, footwear & accessories (-20.6 percent vs -2.9 percent) and electronic products (-9.3 percent vs 1.7 percent). On a monthly basis, retail sales went down 5.1 percent, following an upwardly revised 7.3 percent slump in the previous month. Year-to-date, retail sales shrank 0.8 percent compared to the same period a year ago.
2019-12-03
Chile Retail Sales Fall 0.9% YoY in September
Retail sales in Chile decreased 0.9 percent year-on-year in September 2019, following a downwardly revised 1.9 percent rise in the previous month. It as the first decline in retail trade in three months, mainly led by new light motor vehicles (-8.5 percent vs -6.7 percent in August) and clothing, footwear and accessories (-2.7 percent vs 6.1 percent). In contrast, sales rose primarily for light commercial & used motor vehicles (6.3 percent vs 4.0 percent). On a monthly basis, retail sales fell 7.1 percent, after a downwardly revised 6.6 percent gain in the previous month. Considering the first nine months of the year, retail trade went up 0.6 percent over a year ago.
2019-11-05

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.