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.