Retail Sales in Belgium decreased 0.70 percent in May of 2019 over the same month in the previous year. Retail Sales YoY in Belgium averaged 1.21 percent from 1992 until 2019, reaching an all time high of 13.70 percent in February of 2000 and a record low of -6.10 percent in January of 1993.
Retail Sales YoY in Belgium is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Belgium to stand at 1.00 in 12 months time. In the long-term, the Belgium Retail Sales YoY is projected to trend around 1.20 percent in 2020, according to our econometric models.