* indicates monthly or quarterly data series

Retail sales Y-on-Y in Armenia

, January 2019 - February 2021: For that indicator, we provide data for Armenia from January 2019 to February 2021. The average value for Armenia during that period was -3 percent with a minimum of -33.1 percent in April 2020 and a maximum of 10.5 percent in July 2019. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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Measure: percent
Source: National Statistical Service of the Republic of Armenia

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.
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