Retail sales in Portugal were down 0.7 percent year-on-year in October of 2020, following an upwardly revised 0.5 percent rise in September. Sales went down for non-food products (-3.9 percent vs -0.5 percent) while those of food, drinks and tobacco rose faster (3.3 percent vs 1.7 percent). On a monthly basis, retail sales went up 1.5 percent. source: Statistics Portugal
Retail Sales YoY in Portugal averaged 1.20 percent from 1996 until 2020, reaching an all time high of 18.70 percent in March of 1996 and a record low of -22.20 percent in April of 2020. This page provides - Portugal Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Retail Sales YoY in Portugal is expected to be -2.40 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 Portugal to stand at 1.80 in 12 months time. In the long-term, the Portugal Retail Sales YoY is projected to trend around 4.80 percent in 2021 and 2.50 percent in 2022, according to our econometric models.