Retail sales in Czech Republic rose 4.8 percent year-on-year in December 2019, up from a 2.9 percent increase in the previous month and missing market estimates of a 5.3 percent gain. Sales advanced much faster for non-food (7.8 percent vs 5.7 percent in November) and food products (0.9 percent vs 0.2 percent) while rebounded for automotive fuel (2.1 percent vs -1.4 percent). On a seasonally adjusted monthly basis, retail trade went up 0.4 percent. Considering the full year of 2019, retail sales grew 4.8 percent over a year ago.
Retail Sales YoY in Czech Republic averaged 3.84 percent from 2001 until 2019, reaching an all time high of 14.70 percent in October of 2001 and a record low of -6.60 percent in February of 2009. This page provides - Czech Republic Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Retail Sales YoY in Czech Republic is expected to be 6.80 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 Czech Republic to stand at 5.20 in 12 months time. In the long-term, the Czech Republic Retail Sales YoY is projected to trend around 4.00 percent in 2021, according to our econometric models.