Mozambique: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is -30.12 percent as of December 2023, a decline compared to the previous value of -17.93 percent. Historically, the average for Mozambique from January 2020 to December 2023 is 8.18 percent. The minimum of -33.62 percent was recorded in August 2023, while the maximum of 54.43 percent was reached in September 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Institute of Statistics of Mozambique
| Recent values | Mozambique: Retail sales Y-on-Y |
|---|---|
| 2023 Dec | -30.12 |
| 2023 Nov | -17.93 |
| 2023 Oct | -25.3 |
| 2023 Sep | -27.03 |
| 2023 Aug | -33.62 |
| 2023 Jul | -23.87 |
| 2023 Jun | 20.07 |
| 2023 May | 12.78 |
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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 | 0.40 | 3/2023 | percent |
| Retail sales | 148.00 | 12/2023 | index points |
| Retail sales Y-on-Y | -30.12 | 12/2023 | percent |
| Business confidence survey | -1.00 | 3/2024 | points |