Retail sales Y-on-Y in Kazakhstan, August, 2020
For that indicator, we provide data for Kazakhstan from January 2012 to August 2020. The average value for Kazakhstan during that period was 5.85 percent with a minimum of -44.7 percent in April 2020 and a maximum of 18 percent in June 2014.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
Source: Ministry of National Economy of the Republic of Kazakhstan
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.