Benin: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is -0.29 percent as of Q2 2024, a decline compared to the previous value of 0.54 percent. Historically, the average for Benin from Q1 2013 to Q2 2024 is 3.18 percent. The minimum of -47.48 percent was recorded in Q2 2020, while the maximum of 52.64 percent was reached in Q3 2015.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of West African States
| Recent values | Benin: Retail sales Y-on-Y |
|---|---|
| 2024 Q2 | -0.29 |
| 2024 Q1 | 0.54 |
| 2023 Q4 | -6.19 |
| 2023 Q3 | 1.72 |
| 2023 Q2 | -2.39 |
| 2023 Q1 | 5.43 |
| 2022 Q4 | 6.3 |
| 2022 Q3 | 4.15 |
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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 | 1.10 | Q2/2024 | percent |
| Retail sales | 101.90 | Q2/2024 | index points |
| Retail sales Y-on-Y | -0.29 | Q2/2024 | percent |