
North Macedonia: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 3.74 percent as of December 2024, an increase compared to the previous value of -0.49 percent. Historically, the average for North Macedonia from January 2011 to December 2024 is 2.24 percent. The minimum of -21.08 percent was recorded in April 2020, while the maximum of 23.1 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
Recent values | North Macedonia: Retail sales Y-on-Y |
---|---|
2024  Dec | 3.74 |
2024  Nov | -0.49 |
2024  Oct | 2.16 |
2024  Sep | 2.95 |
2024  Aug | 5.61 |
2024  Jul | 7.4 |
2024  Jun | -0.98 |
2024  May | 1 |
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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 | -1.40 | 12/2024 | percent |
Retail sales | 99.90 | 12/2024 | index points |
Retail sales Y-on-Y | 3.74 | 12/2024 | percent |
House price index | 154.05 | Q3/2024 | index points |
Real residential property prices Y-on-Y change | 5.25 | Q3/2024 | percent |
Business confidence survey | 0.98 | 11/2024 | points |
Consumer confidence survey | 2.40 | 1/2025 | points |