Portugal: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 1.95 percent as of July 2024, a decline compared to the previous value of 3.37 percent. Historically, the average for Portugal from January 2001 to July 2024 is 1.06 percent. The minimum of -25.7 percent was recorded in April 2020, while the maximum of 31.63 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Portugal: Retail sales Y-on-Y |
|---|---|
| 2024 Jul | 1.95 |
| 2024 Jun | 3.37 |
| 2024 May | 3.01 |
| 2024 Apr | 1.87 |
| 2024 Mar | 0.85 |
| 2024 Feb | 1.52 |
| 2024 Jan | 0.28 |
| 2023 Dec | 0.47 |
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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 | -6.10 | 9/2023 | percent |
| Retail sales | 106.70 | 9/2023 | index points |
| Retail sales Y-on-Y | 0.47 | 9/2023 | percent |
| House price index | 194.19 | Q3/2023 | index points |
| Real residential property prices Y-on-Y change | 3.97 | Q3/2023 | percent |
| Business confidence survey | -4.20 | 9/2023 | points |
| Consumer confidence survey | -26.40 | 9/2023 | points |