Retail sales in Cyprus increased 4.7 percent from a year earlier in July 2019, following a 2.4 percent growth in the previous month, driven by sales of food products (3.8 percent vs 2.1 percent), automotive fuel (4.4 percent vs -3.9 percent), and non-food products (5.8 percent vs 4.2 percent). Within non-food, textiles, clothing, footwear sales grew by the most (10.9 percent vs 8.7 percent), followed by computers & telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, jewellery, etc. (5.3 percent vs 3.1 percent), and electrical household appliances, furniture, lighting equipment, construction materials, etc. (1.4 percent vs 3.1 percent). Retail Sales YoY in Cyprus averaged 0.59 percent from 2001 until 2019, 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.

Retail Sales YoY in Cyprus is expected to be 4.40 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 4.00 in 12 months time. In the long-term, the Cyprus Retail Sales YoY is projected to trend around 3.80 percent in 2020, according to our econometric models.

Cyprus Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-26 09:05 AM Retail Sales YoY Apr 4.2% -0.4% 4.8%
2019-07-25 09:00 AM Retail Sales YoY May 2.7% 4.2% 4%
2019-08-26 09:15 AM Retail Sales YoY Jun 2.4% 2.7% 1.3%
2019-09-25 09:00 AM Retail Sales YoY Jul 4.7% 2.4% 3.1%
2019-10-25 09:00 AM Retail Sales YoY Aug 4.7% 3.6%
2019-11-25 10:00 AM Retail Sales YoY Sep 4.4%
2019-12-27 10:00 AM Retail Sales YoY Oct


Cyprus Consumer Last Previous Highest Lowest Unit
Consumer Confidence -4.40 -7.40 3.80 -59.40 Index Points [+]
Retail Sales MoM 4.40 6.20 37.30 -43.30 percent [+]
Retail Sales YoY 4.70 2.40 14.11 -32.96 percent [+]
Consumer Spending 3500.50 3412.30 3500.50 1475.70 EUR Million [+]
Personal Savings -3.07 -3.15 11.64 -6.20 percent [+]
Households Debt To Income 162.64 178.83 203.02 103.61 percent [+]
Gasoline Prices 1.32 1.33 1.99 0.57 USD/Liter [+]
Consumer Confidence Current Conditions 17.60 16.30 17.60 -90.50 [+]
Consumer Confidence Economic Expectations 18.50 16.30 19.80 -66.50 [+]
Consumer Confidence Financial Expectations 3.50 6.30 7.40 -46.90 [+]
Consumer Confidence Major Purchases Expectations -28.60 -24.80 40.00 -79.80 [+]
Consumer Confidence Price Trends -11.00 -7.90 68.20 -43.00 [+]
Consumer Confidence Savings Expectations -37.30 -35.10 -12.30 -67.10 [+]
Consumer Confidence Unemployment Expectations -12.30 -16.10 79.50 -16.10 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.70 2.40 14.11 -32.96 2001 - 2019 percent Monthly
2015=100




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