Armenia: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 14 percent as of July 2024, a decline compared to the previous value of 16.2 percent. Historically, the average for Armenia from January 2019 to July 2024 is 10.33 percent. The minimum of -33.1 percent was recorded in April 2020, while the maximum of 47.8 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Statistical Service of the Republic of Armenia
| Recent values | Armenia: Retail sales Y-on-Y |
|---|---|
| 2024 Jul | 14 |
| 2024 Jun | 16.2 |
| 2024 May | 17.6 |
| 2024 Apr | 27.2 |
| 2024 Mar | 30.4 |
| 2024 Feb | 28.3 |
| 2024 Jan | 19.3 |
| 2023 Dec | 35.9 |
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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 | 2.20 | 7/2024 | percent |
| Retail sales Y-on-Y | 14.00 | 7/2024 | percent |