Retail sales in Portugal dropped 13.1 percent year-on-year in May 2020, following an upwardly revised 22.2 percent slump in the previous month. Still, it was the second largest decline in retail trade, amid the coronavirus crisis. Non-food sales decreased 24.3 percent, after plunging 35.5 percent in April; while sales of food rose 1.3 percent, rebounding from a 4.8 percent decline. On a monthly basis, retail trade increased 13.1 percent, after dropping a record 17.4 percent in the prior month.

Retail Sales YoY in Portugal averaged 1.26 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 July of 2020.

Retail Sales YoY in Portugal is expected to be 1.90 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
-13.10 -22.20 18.70 -22.20 1996 - 2020 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 10:00 AM Feb 8.1% 4% 3.2%
2020-04-29 10:00 AM Mar -5.6% 8.9% -2%
2020-05-29 10:00 AM Apr -21.6% -5.6% -21%
2020-06-29 10:00 AM May -13.1% -22.2% -17.4%
2020-07-30 10:00 AM Jun -13.1% 2.2%
2020-08-31 10:00 AM Jul
2020-09-30 10:00 AM Aug
2020-10-30 11:00 AM Sep 1.9%


News Stream
Portugal Retail Sales Fall at Second Fastest Pace on Record
Retail sales in Portugal dropped 13.1 percent year-on-year in May 2020, following an upwardly revised 22.2 percent slump in the previous month. Still, it was the second largest decline in retail trade, amid the coronavirus crisis. Non-food sales decreased 24.3 percent, after plunging 35.5 percent in April; while sales of food rose 1.3 percent, rebounding from a 4.8 percent decline. On a monthly basis, retail trade increased 13.1 percent, after dropping a record 17.4 percent in the prior month.
2020-06-29
Portugal Retail Sales Fall at Record Pace in April
Retail sales in Portugal plunged 21.6 percent year-on-year in April of 2020, following a 5.6 percent drop in March. It is the biggest drop on record as the coronavirus pandemic forced a lockdown from March 16th. Non-food sales went down 34.3 percent and sales of food dropped 5 percent. On a monthly basis, retail trade tumbled 17.5 percent, also a record fall.
2020-05-29
Portugal Retail Sales Fall the Most in 7 Years
Retail sales in Portugal declined 5.6 percent year-on-year in March of 2020, down from an upwardly revised 8.9 percent rise in the previous month. It was the first drop in retail trade since November of 2014 and the sharpest since February of 2013 reflecting the situation determined by the pandemic COVID-19, with non-food sales falling 16.8 percent (vs 8.9 percent in February). On the other hand, food sales increased faster (9 percent vs 8.9 percent). On a monthly basis, retail trade tumble 11.8 percent, the most on record and compared to an upwardly revised 3.6 percent increase in February.
2020-04-29
Portugal Retail Sales Rise the Most in 14 Years
Portugal's retail trade growth accelerated to 8.1 percent in February 2020, the highest since December 2005, boosted by sales of food, beverages & tobacco (8.6 percent vs 3.7 percent in January) and non-food trade (7.7 percent vs 4.3 percent). On a monthly basis, retail sales climbed 3.0 percent, after a 2.4 percent advance in January.
2020-03-30

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.