Retail sales in Bosnia and Herzegovina fell 7.7 percent year-on-year in March of 2020, after an upwardly revised 10.4 percent rise in the previous month. It was the biggest decline in retail trade since series began in March of 2010, as sales dropped for non-food products (-11.5 percent vs 20.7 percent in February) and automotive fuel (-26.1 percent vs -6.8 percent). On the other hand, food sales advanced faster (10.8 percent vs 10.2 percent). On a monthly basis, retail sales slumped a record 12.9 percent, and compared to a 3 percent rise in the previous month. Considering the first quarter of 2020, retail trade advanced 3.7 percent over the same period of 2019.
Retail Sales YoY in Bosnia and Herzegovina averaged 6.10 percent from 2010 until 2020, reaching an all time high of 22.20 percent in April of 2011 and a record low of -10.50 percent in March of 2010. This page provides the latest reported value for - Bosnia and Herzegovina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Retail Sales YoY in Bosnia and Herzegovina is expected to be -2.00 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 Bosnia and Herzegovina to stand at 3.80 in 12 months time. In the long-term, the Bosnia and Herzegovina Retail Sales YoY is projected to trend around 5.80 percent in 2021 and 3.20 percent in 2022, according to our econometric models.