Retail sales Y-on-Y in Burkina Faso, December, 2019
For that indicator, we provide data for Burkina Faso from Q1 2013 to Q4 2019. The average value for Burkina Faso during that period was 9.08 percent with a minimum of -14.56 percent in Q2 2018 and a maximum of 68.77 percent in Q4 2013.
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Source: Central Bank of West African States
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.