Retail sales in Portugal increased 2.3 percent year-on-year in December 2019, following an upwardly revised 4.4 percent rise in the previous month. It was the smallest gain since September 2018, as buyers took advantage of Black Friday steep discounts throughout November. Sales grew less for both non-food products (2.3 percent vs 4.8 percent in November) and food, beverages & tobacco (2.3 percent vs 3.8 percent). On a monthly basis, retail trade shrank 1.5 percent, after an upwardly revised 1.4 percent rise in the previous month. In the fourth quarter of 2019, retail sales advanced 3.5 percent over a year ago.

Retail Sales YoY in Portugal averaged 1.38 percent from 1996 until 2019, reaching an all time high of 18.70 percent in March of 1996 and a record low of -11.20 percent in October of 2011. This page provides - Portugal Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales YoY in Portugal is expected to be 2.50 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 Portugal to stand at 2.20 in 12 months time. In the long-term, the Portugal Retail Sales YoY is projected to trend around 2.30 percent in 2021, according to our econometric models.


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Portugal Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.30 4.40 18.70 -11.20 1996 - 2019 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 11:00 AM Sep 3.8% 4.9% 3.7%
2019-11-29 11:00 AM Oct 3.5% 3.7% 4.2%
2019-12-30 11:00 AM Nov 3.7% 3.6% 3.8%
2020-01-30 11:00 AM Dec 2.3% 4.4% 2.6%
2020-03-02 11:00 AM Jan 2.3%
2020-03-30 11:00 AM Feb
2020-04-30 10:00 AM Mar 2.5%
2020-05-29 10:00 AM Apr


News Stream
Portugal Retail Sales Growth at 15-Month Low of 2.3%
Retail sales in Portugal increased 2.3 percent year-on-year in December 2019, following an upwardly revised 4.4 percent rise in the previous month. It was the smallest gain since September 2018, as buyers took advantage of Black Friday steep discounts throughout November. Sales grew less for both non-food products (2.3 percent vs 4.8 percent in November) and food, beverages & tobacco (2.3 percent vs 3.8 percent). On a monthly basis, retail trade shrank 1.5 percent, after an upwardly revised 1.4 percent rise in the previous month. In the fourth quarter of 2019, retail sales advanced 3.5 percent over a year ago.
2020-01-30
Portugal Retail Sales Grow 3.7% YoY in November
Retail sales in Portugal increased 3.7 percent year-on-year in November 2019, following an upwardly revised 3.6 percent rise in the previous month, boosted by non-food products (4.3 percent vs 3.2 percent in October). In contrast, sales rose at a softer pace for food, beverages & tobacco (3 percent vs 4.2 percent). On a monthly basis, retail trade went up 0.8 percent, after an upwardly revised 2.5 percent gain in the prior month.
2019-12-30
Portugal Retail Sales Rise the Least in Over a Year
Retail sales in Portugal increased 3.5 percent year-on-year in October 2019, easing from a downwardly revised 3.7 percent fall in the previous month. It was the smallest gain in retail trade since September last year, as sales of non-food products slowed (2.9 percent vs 3.6 percent in September), in particular electronic products & books (1.1 percent vs 5.6 percent) and textiles, clothing & footwear (6.6 percent vs 8.5 percent). In contrast, sales of food, beverages & tobacco rose further (4.1 percent vs 3.8 percent), namely non-specialised establishments (4.3 percent vs 4.1 percent). On a monthly basis, retail trade advanced 2.2 percent, rebounding from an upwardly revised 2.5 percent fall in September.
2019-11-29
Portugal Retail Sales Growth at 1-Year Low
Retail sales in Portugal increase 3.8 percent from a year earlier in September 2019, following an upwardly revised 4.9 percent in the previous month. It is the slowest growth in retail trade since last September, owing to non-food products (3.7 percent vs 6.0 percent in August), namely fuels (0.5 percent vs 2.9 percent); household goods (5.8 percent vs 8.3 percent) and electronic products & books (5.3 percent vs 10.1 percent). Meanwhile, sales of food, beverages & tobacco (3.8 percent vs 3.5 percent) advanced faster. On a monthly basis, retail trade declined 2.4 percent, the most since April 2018, after a downwardly revised 0.6 percent increase in the previous month. In the third quarter of the year, retail sales grew 4.7 percent compared to the same period of 2018.
2019-10-30

Portugal Retail Sales YoY
In Portugal, 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.