Retail sales in Chile jumped 19.6 percent year-on-year in October 2020, following an upwardly revised 10.1 percent rise in the previous month and marking the strongest annual growth since December 2010, as the economy attempts to recover from the coronavirus pandemic. Main increases were recorded in new automotive vehicles (42.6 percent); clothing, footwear & accessories (30.5 percent); and electronic, home furnishing and technological products (26.9 percent). On a monthly basis, retail trade went up 3 percent, rebounding from a downwardly revised 1 percent drop in the prior month. source: National Institute of Statistics, Chile

Retail Sales YoY in Chile averaged 5.17 percent from 2006 until 2020, reaching an all time high of 23.80 percent in April of 2010 and a record low of -31.70 percent in April of 2020. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Retail Sales YoY in Chile is expected to be -0.60 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 Chile to stand at 6.50 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 2.50 percent in 2021 and 3.90 percent in 2022, according to our econometric models.

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Chile Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
19.60 10.10 23.80 -31.70 2006 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-31 01:00 PM Jul -17.4% -24.2% -20%
2020-09-30 12:00 PM Aug 2.8% -17.3% -13%
2020-10-30 12:00 PM Sep 9.5% 3.2% 3.1%
2020-11-30 12:00 PM Oct 19.6% 10.1% 10%
2020-12-31 12:00 PM Nov 19.6%
2021-02-01 12:00 PM Dec
2021-03-01 12:00 PM Jan
2021-03-31 12:00 PM Feb


News Stream
Chile Retail Sales Rise the Most in Nearly 10 Years
Retail sales in Chile jumped 19.6 percent year-on-year in October 2020, following an upwardly revised 10.1 percent rise in the previous month and marking the strongest annual growth since December 2010, as the economy attempts to recover from the coronavirus pandemic. Main increases were recorded in new automotive vehicles (42.6 percent); clothing, footwear & accessories (30.5 percent); and electronic, home furnishing and technological products (26.9 percent). On a monthly basis, retail trade went up 3 percent, rebounding from a downwardly revised 1 percent drop in the prior month.
2020-11-30
Chile Retail Sales Rise the Most in 7 Years
Retail sales in Chile jumped 9.5 percent year-on-year in September of 2020, following an upwardly revised 3.2 percent gain in August and marking the strongest annual growth since October of 2013 as the economy tries to rebound from the coronavirus pandemic. Main increases were seen in sales of hardware items, paints and glass products in specialized stores, and in sales at non-specialized businesses, namely food, beverages and tobacco. On a monthly basis, retail sales went down 1.5 percent, after surging 33 percent in August.
2020-10-30
Chile Retail Sales Rebound in August
Chile's retail sales rose by 2.8 percent year-on-year in August 2020, following five consecutive months of declines, as the economy gradually recovers from the pandemic shock. There were increases in sales of electronic, home furnishing and technological products (72.4 percent); construction materials, tools, hardware and paint (34.7 percent), and food (7.4 percent). On a seasonally adjusted monthly basis, retail trade jumped 28.9 percent.
2020-09-30
Chile Retail Sales Continues to Drop in July
Retail sales in Chile declined 17.4 percent over a year earlier in July 2020, following an upwardly revised 24.2 percent plunge in the previous month. It was the fifth successive decrease in retail trade, amid the COVID-19 crisis. Sales went down mainly for clothing, footwear & accessories (-48.2 percent); new automotive vehicles (-62.7 percent); spare parts, tires and accessories for motor vehicles (-18.6 percent); and consumption goods (-10.4 percent). On a monthly basis, retail trade increased 7.9 percent, rebounding from a 1 percent decline in the prior month.
2020-08-31

Chile Retail Sales YoY
In Chile, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.