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.
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* indicates monthly or quarterly data series
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.