Retail Sales in Philippines increased 0.20 percent in May of 2019 over the previous month. Retail Sales Mom in Philippines averaged 0.59 percent from 1979 until 2019, reaching an all time high of 14.43 percent in November of 1983 and a record low of -2.51 percent in December of 1998.
Retail Sales Mom in Philippines is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Mom in Philippines to stand at 0.50 in 12 months time. In the long-term, the Philippines Retail Price Index MoM is projected to trend around 0.10 percent in 2020, according to our econometric models.