Retail sales in Czech Republic plunged 10.6 percent year-on-year in April of 2020, following a downward revised 5.6 percent drop in the previous month. It is a record decrease in retail sales amid a complete or partial shutdowns of stores due to the coronavirus pandemic. The most significant falls were seen in sales of clothing, footwear and leather goods (-81.1 percent), cultural and recreation goods (-55.1 percent), food, beverages and tobacco in specialised stores (-40.9 percent) and information and communication equipment (-28.3 percent). On the contrary, sales of goods via mail order houses or via Internet surged 47.5 percent. On a monthly basis, retail sales went down 4.8 percent.

Retail Sales YoY in Czech Republic averaged 3.74 percent from 2001 until 2020, reaching an all time high of 14.70 percent in October of 2001 and a record low of -10.60 percent in April of 2020. This page provides - Czech Republic Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Retail Sales YoY in Czech Republic is expected to be -2.00 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 5.10 in 12 months time. In the long-term, the Czech Republic Retail Sales YoY is projected to trend around 4.30 percent in 2021 and 3.80 percent in 2022, according to our econometric models.

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Czech Republic Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-10.60 -5.60 14.70 -10.60 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-13 08:00 AM Jan 4.9% 4.9% 3.5% 3.6%
2020-04-07 07:00 AM Feb 7.4% 5% 4.3% 3.5%
2020-05-06 07:00 AM Mar -8.9% 7% 3.8%
2020-06-05 07:00 AM Apr -10.6% -5.6% -20% -18%
2020-07-08 07:00 AM May -10.6% -6.5%
2020-08-05 07:00 AM Jun -4.1%
2020-09-04 07:00 AM Jul
2020-10-08 07:00 AM Aug


News Stream
Czech Republic Retail Sales Plunge at Fresh Record Rate
Retail sales in Czech Republic plunged 10.6 percent year-on-year in April of 2020, following a downward revised 5.6 percent drop in the previous month. It is a record decrease in retail sales amid a complete or partial shutdowns of stores due to the coronavirus pandemic. The most significant falls were seen in sales of clothing, footwear and leather goods (-81.1 percent), cultural and recreation goods (-55.1 percent), food, beverages and tobacco in specialised stores (-40.9 percent) and information and communication equipment (-28.3 percent). On the contrary, sales of goods via mail order houses or via Internet surged 47.5 percent. On a monthly basis, retail sales went down 4.8 percent.
2020-06-05
Czech Republic Retail Sales Fall at Record Pace in March
Retail sales in the Czech Republic declined 8.9 percent year-on-year in March of 2020, down from a downwardly revised 7 percent rise in the previous month. It was the biggest drop in retail trade since series began in January of 2001, as sales fell sharply for non-food goods (-17.1 percent vs 9.8 percent in February). Also, food sales slowed (3.9 percent vs 5.3 percent). On a monthly basis, retail sales slid at a record 12.2 percent, following a downwardly revised 0.2 percent decrease in February.
2020-05-06
Czech Republic Retail Sales Rise the Most in 2 Years
Retail sales in Czech Republic increased 7.4 percent year-on-year in February of 2020, above an upwardly revised 5 percent rise in January and the strongest gain since January of 2018. It compares with market expectations of a 4.3 percent increase. Biggest upward contribution came from sales of food, beverages or tobacco (5.5 percent) and goods via mail order houses or via Internet (19.2 percent). On a monthly basis, retail sales were flat.
2020-04-07
Czech January Retail Sales Growth Steady at 4.9%
Retail sales in the Czech Republic increased 4.9 percent year-on-year in February of 2020, the same pace as in the previous month and beating market estimates of a 3.5 percent gain. Sales grew faster for food products (2.8 percent vs 1.3 percent in January) while those of non-food products rose slightly less (7.3 percent vs 7.8 percent). On a seasonally adjusted monthly basis, retail sales went up 0.9 percent.
2020-03-13

Czech Republic Retail Sales YoY
In Czech Republic, 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.