Luxembourg: Retail sales Y-on-Y

(measure: percent, source: Statistics Portal of Luxembourg)
* indicates monthly or quarterly data series

Retail sales Y-on-Y in Luxembourg, February, 2020: For that indicator, Statistics Portal of Luxembourg provides data for Luxembourg from January 2001 to February 2020. The average value for Luxembourg during that period was 1.05 percent with a minimum of -70.72 percent in December 2015 and a maximum of 24.25 percent in December 2011. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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* indicates monthly or quarterly data series
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Measure: percent
Source: Statistics Portal of Luxembourg

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.
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