Retail Sales in Croatia decreased 7.30 percent in September of 2020 over the same month in the previous year. source: Croatian Bureau of Statistics

Retail Sales YoY in Croatia averaged 2.97 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 November of 2020.

Retail Sales YoY in Croatia is expected to be -3.50 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
-7.30 -8.60 20.60 -25.50 2001 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-30 09:00 AM Retail Sales YoY Jun -6.2% -7.8% -2.5%
2020-08-28 09:00 AM Retail Sales YoY Jul -6.7% -6.2% -4%
2020-09-30 09:00 AM Retail Sales YoY Aug -8.6% -6.7% -5.8%
2020-10-30 10:00 AM Retail Sales YoY Sep -7.3% -8.6% -6.5%
2020-11-30 10:00 AM Retail Sales YoY Oct -7.3%
2020-12-30 10:00 AM Retail Sales YoY Nov
2021-01-29 10:00 AM Retail Sales YoY Dec
2021-03-11 10:00 AM Retail Sales YoY Jan

News Stream
Croatia Retail Sales Fall at Faster Pace in August
Croatia's retail sales slumped 8.6 percent from the previous year in August 2020, accelerating from a 6.7 percent decline in the previous month, as the COVID-19 crisis hit domestic demand. Sales of non-food products were down 2.7 percent (vs -1.2 percent in July) and those of automotive fuel dropped 1.8 percent (vs -0.4 percent in July). In addition, food, beverages and tobacco trade fell 0.8 percent in August, compared to a 0.1 percent gain in the previous month.
Croatia Retail Sales Fall Faster in July
Retail sales in Croatia fell 6.7 percent year-on-year in July of 2020, following a 6.2 percent drop in the previous month. It was the fifth consecutive month of falls in retail trade, as sales declined for non-food products (-4.5 percent vs 4.7 percent in June) and food, beverages & tobacco (-9.8 percent vs -10.5 percent). On a monthly basis, retail sales went down 0.9 percent, after a 2.9 percent rise in June.
Croatia Retail Sales Drop 6.2% YoY in June
Retail sales in Croatia decreased 6.2 percent year-on-year in June of 2020, following a 7.8 percent fall in the previous month. Automobile fuel sales fell softer (-3.7 percent vs -4 percent in June) and those of non-food products rebounded (4.7 percent vs -3.4 percent). Meantime, food, beverages & tobacco sales declined faster (-10.5 percent vs -4.9 percent). On a monthly basis, retail sales went up 2.9 percent, after jumping a record 23.5 percent in May.
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.

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.