Retail Sales in Cyprus increased 4.40 percent in January of 2020 over the same month in the previous year.

Retail Sales YoY in Cyprus averaged 0.68 percent from 2001 until 2020, reaching an all time high of 14.11 percent in February of 2008 and a record low of -32.96 percent in March of 2013. This page provides the latest reported value for - Cyprus Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.

Retail Sales YoY in Cyprus is expected to be 4.20 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 Cyprus to stand at 2.50 in 12 months time. In the long-term, the Cyprus Retail Sales YoY is projected to trend around 1.00 percent in 2021 and 1.50 percent in 2022, according to our econometric models.

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Cyprus Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
4.40 4.20 14.11 -32.96 2001 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2019-12-27 10:10 AM Oct 6.1% 3.9%
2020-01-27 10:00 AM Nov 6.6% 6.1% 4.4%
2020-02-25 10:10 AM Dec 4.2% 6.8% 4.9%
2020-03-26 10:00 AM Jan 4.4% 4.2% 4.5%
2020-04-27 09:00 AM Feb 4.4%
2020-05-25 09:00 AM Mar 4.2%
2020-06-25 09:00 AM Apr
2020-07-27 09:00 AM May


News Stream
Cyprus December Retail Sales Growth Slows to 4.2%
Retail sales in Cyprus increased 4.2 percent from a year earlier in December of 2019, after an upwardly revised 6.8 percent surge in the previous month, as sales grew less for food (0.4 percent vs 8.4 percent in November). In contrast, those of non-food products continued to rise solidly (8.3 percent vs 6.3 percent), especially computers & telecommunications equipment, books, stationery, sporting equipment, toys, flowers, jewellery (10.1 percent vs 5.5 percent) and electrical household appliances (8.5 percent vs 3 percent).
2020-02-25
Cyprus Retail Sales Rise the Most in Over a Year
Retail sales in Cyprus increased 6.6 percent from a year earlier in November 2019, following a 6.1 percent gain in the previous month. It was the largest gain in retail trade since June 2018, as sales went up further in both food (8.5 from 7 percent in October) and non-food products (5.9 percent from 5.8 percent), namely computers & telecommunications equipment, books, stationery, sporting equipment, toys, flowers, jewellery (7.2 percent from 2.9 percent). Meanwhile, fuel trade growth eased to 1.3 percent vs 3.2 percent in October.
2020-01-27
Cyprus Retail Sales Rise at Faster Pace
Retail sales in Cyprus rose 6.1 percent from a year earlier in October 2019, following a downwardly revised 3.9 percent increase in the previous month, boosted by sales of food (6.9 percent vs 3.4 percent) and non-food products (6.0 percent vs 4.0 percent) such as textiles, clothing, footwear (8.7 percent vs 6.6 percent) and electrical household appliances, furniture, lighting equipment, construction materials (5.9 percent vs 1.5 percent). Meanwhile, fuel trade growth slowed to 3.2 percent from 4.9 percent.
2019-12-27
Cyprus Retail Sales Rise 4% YoY
Retail sales in Cyprus increased 4 percent year-on-year in September of 2019, following a downwardly revised 5.1 percent rise in August. Sales increased at a slower pace for food, drinks and tobacco (4.6 percent compared to 8 percent in August); textiles, clothing and footwear (7.1 percent compared to 9.4 percent); and computers and telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, jewellery (2 percent compared to 4.1 percent). On the other hand, sales of auto fuel rebounded (4.9 percent compared to -2.2 percent).
2019-11-25

Cyprus Retail Sales YoY
In Cyprus, 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.