Retail sales in Slovakia decreased 2.5 percent year-on-year in December 2019, less than a 4.0 percent fall in the previous month. It was the eight straight monthly drop in retail trade but the pace of decline was the softest in four months. Sales fell softer for household equipment (-1.8 percent vs -2.9 percent in November) and cultural and recreation goods (-3.8 percent vs -4.2 percent). In addition, sales not in stores, stalls or markets (-3.9 percent vs 1.6 percent) and those of automotive fuel (1.3 percent vs -4.9 percent) rebounded. For full 2019, retail trade declined 1.4 percent, after a 3.6 percent rise in 2018.
Retail Sales YoY in Slovakia averaged 2.98 percent from 1996 until 2019, reaching an all time high of 28.60 percent in April of 1999 and a record low of -14.30 percent in February of 2009. This page provides - Slovakia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Retail Sales YoY in Slovakia 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 Slovakia to stand at 3.10 in 12 months time. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 3.30 percent in 2021, according to our econometric models.