Retail sales in the Czech Republic were flat year-on-year in August of 2020, following a downwardly revised 2.9 percent gain in the previous month. Food sales fell 1.1 percent, compared to a 0.9 percent rise in July and auto fuel sales dropped 1.6 percent, down from a 0.5 percent increase. Also, non-food sales slowed (1.3 percent vs 5.1 percent). On a seasonally adjusted monthly basis, retail sales edged up 0.3 percent.

Retail Sales YoY in Czech Republic averaged 3.70 percent from 2001 until 2020, reaching an all time high of 14.70 percent in October of 2001 and a record low of -10.50 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 October of 2020.

Retail Sales YoY in Czech Republic is expected to be -0.50 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 Czech Republic to stand at 3.50 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
0.00 2.90 14.70 -10.50 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-08 07:00 AM May -0.7% -10.5% -6.5% -6.5%
2020-08-05 07:00 AM Jun 0% -1.9% 3.6% 0.5%
2020-09-04 07:00 AM Jul 3% 0.7% 0% 0.5%
2020-10-08 07:00 AM Aug 0% 2.9% 1.8% 2.8%
2020-11-05 08:00 AM Sep 0% -2%
2020-12-07 08:00 AM Oct


News Stream
Czech Retail Trade Stalls in August
Retail sales in the Czech Republic were flat year-on-year in August of 2020, following a downwardly revised 2.9 percent gain in the previous month. Food sales fell 1.1 percent, compared to a 0.9 percent rise in July and auto fuel sales dropped 1.6 percent, down from a 0.5 percent increase. Also, non-food sales slowed (1.3 percent vs 5.1 percent). On a seasonally adjusted monthly basis, retail sales edged up 0.3 percent.
2020-10-08
Czech Republic Retail Sales Rise the Most since February
Retail sales in the Czech Republic increased 3 percent year-on-year in July of 2020, following an upwardly revised 0.7 percent rise in June as the country recovers from the coronavirus pandemic. Sales went up for both food (0.4 percent) and non-food (5.9 percent) while sales of auto fuel edged down 0.1 percent. The biggest upward contribution came from sales via mail or Internet (20.9 percent). In specialised stores, sales rose mostly for cultural and recreation goods (10.1 percent), information and communication equipment (10 percent), dispensing chemist, medical and orthopaedic goods, cosmetic and toilet articles (2.8 percent). On a monthly basis, retail sales surged 1.8 percent.
2020-09-04
Czech Retail Trade Stalls in June
Retail sales in the Czech Republic were flat year-on-year in June of 2020, following an upwardly revised 1.9 percent fall in the prior month and missing market expectations of a 3.6 percent growth. The increase in sales of non-food products (4.7 percent vs 3.1 percent in May) was offset by declines in those of food, beverages & tobacco (-3.3 percent, the same pace as in May) and automotive fuel (-8.4 percent vs -17.8 percent). On a monthly basis, retail trade increased 0.2 percent. In the second quarter of the year, retail activity shrank 4.1 percent compared with a 1.8 percent growth in the previous quarter.
2020-08-05
Czech Republic Retail Sales Fall Softer in May
Retail trade in the Czech Republic decreased 0.7 percent year-on-year in May of 2020, following a downwardly revised 10.5 percent fall in the previous month. Sales dropped at a softer pace for food, beverages & tobacco (-1.5 percent vs -3.8 percent in April) and automotive fuel (-11.8 percent vs -25.7 percent). In addition, those of non-food goods rebounded (2.6 percent vs -12.1 percent). On a monthly basis, retail sales climbed 11.6 percent.
2020-07-08

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.