Retail sales in Cyprus increased to 4 percent year-on-year in December 2022, following a 2.4 percent rise in November. It was the biggest gain in retail trade since May, as sales grew faster for computers & telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, & jewellery (16.7 percent vs 5.8 percent); non-food products (7.2 percent vs 3.7 percent); and food products (2.4 vs 1.8 percent). On the other hand, a slower advance was recorded for electrical household appliances, furniture, lighting equipment & construction equipment (0.7 percent vs 2.7 percent and textiles & clothing (8.6 vs 10.1 percent). Sales declined further for automotive fuel (-5 percent vs -0.5 percent). On a monthly basis, retail sales expanded by 22.2 percent, the most since December 2020. Considering full 2022, they added 2.2% source: Ministry of Finance, Cyprus

Retail Sales YoY in Cyprus averaged 0.98 percent from 2001 until 2022, reaching an all time high of 55.62 percent in April of 2021 and a record low of -32.96 percent in March of 2013. This page provides the latest reported value for - Cyprus Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Retail Sales YoY in Cyprus is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Cyprus Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-01-02 10:30 AM Nov 2.4% 2.5% 2.8%
2023-02-01 10:00 AM Dec 4.0% 2.4%
2023-03-01 10:00 AM Jan 1.9%


Related Last Previous Unit Reference
Retail Sales MoM 22.20 0.30 percent Dec 2022
Retail Sales YoY 4.00 2.42 percent Dec 2022

Cyprus Retail Sales YoY
In Cyprus, 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.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 2.42 55.62 -32.96 2001 - 2022 percent Monthly
2015=100

News Stream
Cyprus Retail Sales Grow in December
Retail sales in Cyprus increased to 4 percent year-on-year in December 2022, following a 2.4 percent rise in November. It was the biggest gain in retail trade since May, as sales grew faster for computers & telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, & jewellery (16.7 percent vs 5.8 percent); non-food products (7.2 percent vs 3.7 percent); and food products (2.4 vs 1.8 percent). On the other hand, a slower advance was recorded for electrical household appliances, furniture, lighting equipment & construction equipment (0.7 percent vs 2.7 percent and textiles & clothing (8.6 vs 10.1 percent). Sales declined further for automotive fuel (-5 percent vs -0.5 percent). On a monthly basis, retail sales expanded by 22.2 percent, the most since December 2020. Considering full 2022, they added 2.2%
2023-02-02
Cyprus Retail Sales Growth at 4-Month Low
Retail sales in Cyprus slightly eased to 2.4 percent year-on-year in November of 2022, following a downwardly revised 2.5 percent rise in October. It was the smallest gain in retail trade since July, as sales slowed for electrical household appliances, furniture, lighting equipment & construction equipment (2.7 percent vs 7.1 percent in October), non-food products (3.7 percent vs 5.2 percent) and computers & telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, and jewellery (5.8 percent vs 7.4 percent). On the other hand, sales rebounded for textiles and clothing (10.1 percent vs 7.2 percent), food products (1.8 percent vs 1.2 percent), while sales declined for automotive fuel (-0.5 percent vs -1.9 percent) and food, beverages & tobacco (-8.8 percent vs -8.2 percent). On a monthly basis, sales growth rose by 0.3 percent.
2023-01-02
Cyprus Retail Sales Rises the Most in 3 Months
Retail sales in Cyprus increased 5.1 percent year-on-year in August of 2022, the largest gain in 3 months, following a downwardly revised 0.4 percent rise in July. Sales rose the most for food products (8.1% ); textiles and clothing (3.9%) and computers, electronics, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches & jewellery (4%) while automotive fuel went down (-6.2%). On a monthly basis, sales declined 3.7 percent.
2022-10-03