Retail sales in Croatia decreased 7.8 percent year-on-year in May 2020, after falling a record 25.5 percent in the previous month, amid the coronavirus pandemic. Sales of non-food products dropped 3.4 percent, less than a 40.5 percent slump in April; and those of food, beverages & tobacco declined 4.9 percent, after falling 6.2 percent. On a monthly basis, retail sales jumped 23.5 percent, rebounding from a 19.8 percent drop in the prior month.

Retail Sales YoY in Croatia averaged 3.15 percent from 2001 until 2020, reaching an all time high of 20.60 percent in August of 2001 and a record low of -25.50 percent in April of 2020. This page provides the latest reported value for - Croatia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Croatia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Retail Sales YoY in Croatia is expected to be -6.50 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 Croatia to stand at 5.20 in 12 months time. In the long-term, the Croatia Retail Sales YoY is projected to trend around 5.80 percent in 2021 and 3.40 percent in 2022, according to our econometric models.

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Croatia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-7.80 -25.50 20.60 -25.50 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 09:00 AM Feb 4.9% 6.2% 5%
2020-04-30 09:00 AM Mar -7% 4.9% 4%
2020-05-29 09:00 AM Apr -25.5% -7% -10.5%
2020-06-30 09:00 AM May -7.8% -25.5% -15%
2020-07-30 09:00 AM Jun -7.8% -12.5%
2020-08-28 09:00 AM Jul
2020-09-30 09:00 AM Aug
2020-10-30 10:00 AM Sep -6.5%


News Stream
Croatia Retail Sales Fall for 3rd Month
Retail sales in Croatia decreased 7.8 percent year-on-year in May 2020, after falling a record 25.5 percent in the previous month, amid the coronavirus pandemic. Sales of non-food products dropped 3.4 percent, less than a 40.5 percent slump in April; and those of food, beverages & tobacco declined 4.9 percent, after falling 6.2 percent. On a monthly basis, retail sales jumped 23.5 percent, rebounding from a 19.8 percent drop in the prior month.
2020-06-30
Croatia Retail Sales Fall the Most in Over a Decade
Retail sales in Croatia dropped 7 percent year-on-year in March 2020, after rising 4.9 percent in the previous month. It was the biggest decline in retail trade since January 2010, amid the coronavirus crisis. Sales of non-food products fell (-17.3 percent from 13.1 percent in February and those of food, beverages and tobacco rose at a slower pace (8.5 percent from 9.9 percent). On a monthly basis, retail sales slumped 11.8 percent, following a 0.2 percent gain in February. Considering the first quarter of the year, retail trade went up 0.9 percent compared to the same period of 2019.
2020-04-30
Croatia Retail Trade Growth Slows to 4.9% YoY in February
Retail sales in Croatia increased 4.9 percent year-on-year in February 2020, easing from a 6.2 percent rise in the previous month. Retail trade except of motor vehicles and motorcycles climbed 7.1 percent, up from a 5.8 percent advance in January. Sales advanced faster for both non-food products (13.1 percent vs 8 percent in January) and food, beverages & tobacco (9.9 percent vs 4.3 percent). On a monthly basis, retail trade went up 0.2 percent, after a 2.7 percent jump in January.
2020-03-30
Croatia Retail Trade Growth Accelerates in January
Retail sales in Croatia rose 6.2 percent year-on-year in January 2020, accelerating from a 4.5 percent increase in the previous month. It was the steepest advance in retail trade since February last year, boosted by sales of non-food products (8.0 percent vs 6.8 percent in December), food, beverages and tobacco (4.3 percent vs 2.3 percent) and fuel (6.2 percent vs 4.4 percent).
2020-03-11

Croatia Retail Sales YoY
In Croatia, 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.