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.