North Macedonia: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 2.78 percent as of May 2025, an increase compared to the previous value of -1.05 percent. Historically, the average for North Macedonia from January 2011 to May 2025 is 2.24 percent. The minimum of -22.11 percent was recorded in January 2025, while the maximum of 24.32 percent was reached in January 2024.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | North Macedonia: Retail sales Y-on-Y |
|---|---|
| 2025 May | 2.78 |
| 2025 Apr | -1.05 |
| 2025 Mar | 0.2 |
| 2025 Feb | 1.07 |
| 2025 Jan | -22.11 |
| 2024 Dec | 3.84 |
| 2024 Nov | -0.39 |
| 2024 Oct | 2.05 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 9.30 | 5/2025 | percent |
| Retail sales | 103.40 | 5/2025 | index points |
| Retail sales Y-on-Y | 2.78 | 5/2025 | percent |
| House price index | 170.54 | Q1/2025 | index points |
| Real residential property prices Y-on-Y change | 14.62 | Q1/2025 | percent |
| Business confidence survey | 0.26 | 2/2025 | points |
| Consumer confidence | 0.20 | 6/2025 | points |