Retail sales Y-on-Y
| Latest value
| Data availability
|Q1 2013 - Q3 2023
| Min - Max
|-64.15 - 133.33
Central Bank of West African States
For that indicator, we provide data for Guinea-Bissau from Q1 2013 to Q3 2023. The average value for Guinea-Bissau during that period was 17.5 percent with a minimum of -64.15 percent in Q1 2017 and a maximum of 133.33 percent in Q4 2014.
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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.