Denmark: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 0.54 percent as of October 2024, a decline compared to the previous value of 2.38 percent. Historically, the average for Denmark from January 2001 to October 2024 is 0.25 percent. The minimum of -12.4 percent was recorded in March 2022, while the maximum of 21.91 percent was reached in March 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Denmark: Retail sales Y-on-Y |
|---|---|
| 2024 Oct | 0.54 |
| 2024 Sep | 2.38 |
| 2024 Aug | -1.49 |
| 2024 Jul | 3.4 |
| 2024 Jun | 1.29 |
| 2024 May | -0.64 |
| 2024 Apr | -0.54 |
| 2024 Mar | 3.19 |
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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 | 7.80 | 9/2024 | percent |
| Retail sales | 93.50 | 10/2024 | index points |
| Retail sales Y-on-Y | 0.54 | 10/2024 | percent |
| House price index | 155.21 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | 2.23 | Q2/2024 | percent |
| Business confidence survey | 3.59 | 11/2024 | points |
| Consumer confidence survey | -5.10 | 11/2024 | points |