Albania: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 8.29 percent as of June 2024, an increase compared to the previous value of 6.31 percent. Historically, the average for Albania from January 2006 to June 2024 is 6.52 percent. The minimum of -27.47 percent was recorded in April 2020, while the maximum of 44.85 percent was reached in April 2006.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Albanian Institute of Statistics (INSTAT)
| Recent values | Albania: Retail sales Y-on-Y |
|---|---|
| 2024 Jun | 8.29 |
| 2024 May | 6.31 |
| 2024 Apr | 3.17 |
| 2024 Mar | 5.54 |
| 2024 Feb | 6.53 |
| 2024 Jan | 2.74 |
| 2023 Dec | 8.47 |
| 2023 Nov | 3.34 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -5.01 | Q2/2024 | percent |
| Retail sales | 117.60 | 6/2024 | index points |
| Retail sales Y-on-Y | 8.29 | 6/2024 | percent |
| Business confidence survey | 17.03 | 9/2024 | points |
| Consumer confidence survey | -11.50 | 9/2024 | points |