Retail sales index in North Macedonia, January 2010 - August 2021
For that indicator, we provide data for North Macedonia from January 2010 to August 2021. The average value for North Macedonia during that period was 110.37 index points with a minimum of 93.3 index points in January 2014 and a maximum of 133 index points in November 2019.
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Measure: index points
Source: State Statistical Office of the Republic of Macedonia
Definition: The retail sales index 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. The retail sales index measures only the volume changes, i.e. price level changes are excluded.