Israel: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 7.22 percent as of July 2024, an increase compared to the previous value of -2.91 percent. Historically, the average for Israel from January 1996 to July 2024 is 4.45 percent. The minimum of -38.41 percent was recorded in April 2020, while the maximum of 74.78 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Israel Central Bureau of Statistics
| Recent values | Israel: Retail sales Y-on-Y |
|---|---|
| 2024 Jul | 7.22 |
| 2024 Jun | -2.91 |
| 2024 May | 3.89 |
| 2024 Apr | 15.7 |
| 2024 Mar | -5.53 |
| 2024 Feb | 6.29 |
| 2024 Jan | 2.72 |
| 2023 Dec | 1.14 |
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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 | 3.49 | 7/2024 | percent |
| Retail sales | 188.92 | 7/2024 | index points |
| Retail sales Y-on-Y | 7.22 | 7/2024 | percent |
| House price index | 218.98 | Q1/2024 | index points |
| Real residential property prices Y-on-Y change | -1.53 | Q1/2024 | percent |
| Business confidence survey | 17.06 | 8/2024 | points |
| Consumer confidence survey | -28.07 | 8/2024 | points |
| Purchasing Managers Index (PMI), manufacturing | 47.40 | 7/2024 | index points |