Retail sales Y-on-Y in Belarus, February, 2020
For that indicator, National Statistical Portal of the Republic of Belarus provides data for Belarus from April 2019 to February 2020. The average value for Belarus during that period was 4.11 percent with a minimum of 2.2 percent in October 2019 and a maximum of 8.8 percent in February 2020.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
Source: National Statistical Portal of the Republic of Belarus
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.