Serbia: Retail sales
* indicates monthly or quarterly data series
The most recent value is 108.7 index points as of August 2024, a decline compared to the previous value of 109 index points. Historically, the average for Serbia from January 2000 to August 2024 is 75.38 index points. The minimum of 22.7 index points was recorded in November 2000, while the maximum of 111.2 index points was reached in March 2022.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Eurostat
| Recent values | Serbia: Retail sales index |
|---|---|
| 2024 Aug | 108.7 |
| 2024 Jul | 109 |
| 2024 Jun | 109.1 |
| 2024 May | 107.9 |
| 2024 Apr | 110.4 |
| 2024 Mar | 110 |
| 2024 Feb | 108.6 |
| 2024 Jan | 107.3 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 2.50 | 8/2024 | percent |
| Retail sales | 108.70 | 8/2024 | index points |
| Retail sales Y-on-Y | 5.02 | 8/2024 | percent |
| House price index | 213.73 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | 0.29 | Q2/2024 | percent |
| Business confidence survey | 6.88 | 9/2024 | points |
| Consumer confidence survey | 2.20 | 9/2024 | points |