Retail sales in Portugal fell at a record 11.8 percent from a month earlier in March of 2019, after an upwardly revised 3.6 percent rise in February amid the coronavirus outbreak.
Retail Sales MoM in Portugal averaged 0.04 percent from 2000 until 2020, reaching an all time high of 6.10 percent in January of 2005 and a record low of -11.80 percent in March of 2020. This page provides - Portugal Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020.
Retail Sales MoM in Portugal is expected to be -0.70 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 Portugal to stand at -1.20 in 12 months time. In the long-term, the Portugal Retail Sales MoM is projected to trend around -0.70 percent in 2021, according to our econometric models.