Retail sales in Croatia rose 4.5 percent year-on-year in December 2019, accelerating from a 2.5 percent increase in the previous month. It is the highest annual retail trade growth since June, as non-food sales advanced 6.8 percent, faster than a 5.5 percent gain in November. Meantime, food sales growth slowed to 2.3 percent from 3.4 percent in the prior month. On a monthly basis, retail sales went up 0.9 percent, following a 0.3 percent gain in November. For full 2019, retail trade advanced 3.6 percent when compared to 2018.
Retail Sales YoY in Croatia averaged 3.35 percent from 2001 until 2019, reaching an all time high of 20.60 percent in August of 2001 and a record low of -15.20 percent in May of 2009. 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.
Retail Sales YoY in Croatia is expected to be 4.10 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 3.50 in 12 months time. In the long-term, the Croatia Retail Sales YoY is projected to trend around 3.50 percent in 2021 and 3.20 percent in 2022, according to our econometric models.