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.
Retail Sales YoY in Chile averaged 5.06 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 September of 2020. source: National Institute of Statistics, Chile
Retail Sales YoY in Chile is expected to be -7.00 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 Chile to stand at 16.00 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.