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.

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Portugal Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 0.50 18.70 -22.20 1996 - 2020 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-28 10:00 AM Jul -3% -5.7% -4.4%
2020-09-29 10:00 AM Aug -4.5% -2.5% -3.8%
2020-10-30 11:00 AM Sep 0.2% -4.3% -3.8%
2020-11-27 11:00 AM Oct -0.7% 0.5%
2020-12-29 11:00 AM Nov -0.7%
2021-01-29 11:00 AM Dec
2021-03-01 11:00 AM Jan
2021-03-30 10:00 AM Feb


News Stream
Portugal Retail Sales Back to Contraction after Brief Gain
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.
2020-11-27
Portugal Retail Sales Rise for 1st Time since February
Retail sales in Portugal edged up 0.2 percent year-on-year in September of 2020, following a downwardly revised 4.3 percent fall in August. It is the first annual increase in retail sales since February, before the coronavirus-hit. Still, it remains well below an 8.9 percent rise seen in February. Sales of food, drinks and tobacco rebounded (1.7 percent vs -2.2 percent) and those of non-food shrank at a slower pace (-1 percent vs -6 percent). On a monthly basis, retail sales increased 1.9 percent, following a 1.2 percent drop in August.
2020-10-30
Portugal Retail Sales Extend Drop for 6th Month
Retail sales in Portugal went down 4.5 percent year-on-year in August of 2020, following a downwardly revised 2.5 percent drop in July and marking the 6th straight month of falling retail sales as the coronavirus pandemic continues to hurt consumer spending. Sales of food, drinks and tobacco contracted (-2.2 percent vs +0.2 percent) while those of non-food decreased further (-6.3 percent vs -4.5 percent). On a monthly basis, retail sales went down 1.4 percent, following an upwardly revised 4.2 percent in July.
2020-09-29
Portugal Retail Sales Fall the Least in 5 Months
Retails sales in Portugal decreased 3 percent year-on-year in July of 2020, following a downwardly revised 5.7 percent fall in the previous month. It was the smallest drop in retail sales in the current five-month sequence of falls. Non-food sales declined 5.2 percent, less than a 8.2 percent slump in June; and sales of food, drinks and tobacco showed no growth, compared to a 2.4 percent drop. On a monthly basis, retail trade increased 3.9 percent, easing from a 5.3 percent rise in June.
2020-08-28

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.