Retail sales in Slovakia increased 4 percent over a year earlier in August 2020, following a 1.5 percent rise in the previous month. It was the highest increase in retail trade since January last year, amid the easing of coronavirus lockdown restrictions. Sales went up further mainly in hypermarkets and supermarkets (7.5 percent vs 4.6 percent in July); and those not in stores, stalls or markets (9.5 percent vs 3.9 percent). Also, sales fell at a softer pace for food, beverages and tobacco (-3 percent vs -7.1 percent) and auto fuel (-0.1 percent vs -5.1 percent). On a monthly basis, retail sales advanced 1.7 percent.
Retail Sales YoY in Slovakia averaged 2.83 percent from 1996 until 2020, 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. Slovakia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Retail Sales YoY in Slovakia is expected to be -0.50 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 3.50 in 12 months time. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 4.00 percent in 2021 and 3.30 percent in 2022, according to our econometric models.