Retail sales index in Macedonia, May, 2020
For that indicator, we provide data for Macedonia from January 2010 to May 2020. The average value for Macedonia during that period was 109.02 index points with a minimum of 93.5 index points in February 2014 and a maximum of 127.1 index points in November 2019.
Click on the following link to see the values of Retail sales index
around the world.
* indicates monthly or quarterly data series
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.