Retail sales in Slovakia went down 0.6 percent year-on-year in December of 2020, following a 0.4 percent decrease in November, as tighter coronavirus restrictions to contain a second wave of infections continued to cause slippages in retail. Declines were seen in sales of food, beverages & tobacco (-2 percent vs -5.4 percent in November); automotive fuel (-7.5 percent vs -3.7 percent); cultural and recreation goods (-12.1 percent vs -18.5 percent) and via stalls and markets (-26.3 percent vs -33 percent). On a monthly basis, retail sales declined 0.8 percent. Considering the full year of 2020, retail activity shrank 1.1 percent over a year earlier. source: Statistical Office of the Slovak Republic
Retail Sales YoY in Slovakia averaged 2.82 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 February of 2021.
Retail Sales YoY in Slovakia is expected to be 3.50 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 4.00 in 12 months time. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 4.00 percent in 2022 and 3.30 percent in 2023, according to our econometric models.