Retail sales in Chile slumped 9.8 percent year-on-year in November 2019, following a downwardly revised 11.9 percent tumble in the previous month. It was the third consecutive month of downturn in retail activity, though at a softer pace. Sales decreased less mainly for new light motor vehicles (-31.9 percent vs -39.3 percent in October) and clothing, footwear & accessories (-14.6 percent vs -21 percent), but fell more for electronic products (-9.2 percent vs -8.8 percent). Year-to-date, retail sales went down 1.6 percent over a year ago. On a monthly basis, retail trade increased 0.2 percent, after a downwardly revised 5 percent decline in the prior month. Retail Sales YoY in Chile averaged 6.10 percent from 2006 until 2019, reaching an all time high of 23.80 percent in April of 2010 and a record low of -12.10 percent in October of 2019. source: National Institute of Statistics, Chile

Retail Sales YoY in Chile is expected to be 1.30 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 3.70 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 3.90 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Chile Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-9.80 -11.90 23.80 -11.90 2006 - 2019 percent Monthly
2014=100, NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-03 12:00 PM Aug 2.3% 1.6% 2.5%
2019-11-05 12:00 PM Sep -0.9% 1.9% 3.3%
2019-12-03 12:00 PM Oct -12.1% -1.1% -3.5%
2019-12-31 12:00 PM Nov -9.8% -11.9% -7%
2020-01-31 12:00 PM Dec -9.8% -1.5%


News Stream
2019-12-03
Chile Retail Sales Tumble 12.1% YoY in October
Retail sales in Chile declined 12.1 percent year-on-year in October 2019, after an upwardly revised 1.1 percent fall in the previous month. It was the steepest downturn in retail activity since comparable records began in January 2015, as massive anti-government protests affected spending. Sales fell mostly for new light motor vehicles (-39.3 percent vs -8.5 percent in September); clothing, footwear & accessories (-20.6 percent vs -2.9 percent) and electronic products (-9.3 percent vs 1.7 percent). On a monthly basis, retail sales went down 5.1 percent, following an upwardly revised 7.3 percent slump in the previous month. Year-to-date, retail sales shrank 0.8 percent compared to the same period a year ago.

2019-11-05
Chile Retail Sales Fall 0.9% YoY in September
Retail sales in Chile decreased 0.9 percent year-on-year in September 2019, following a downwardly revised 1.9 percent rise in the previous month. It as the first decline in retail trade in three months, mainly led by new light motor vehicles (-8.5 percent vs -6.7 percent in August) and clothing, footwear and accessories (-2.7 percent vs 6.1 percent). In contrast, sales rose primarily for light commercial & used motor vehicles (6.3 percent vs 4.0 percent). On a monthly basis, retail sales fell 7.1 percent, after a downwardly revised 6.6 percent gain in the previous month. Considering the first nine months of the year, retail trade went up 0.6 percent over a year ago.

2019-10-03
Chile Retail Sales Rise the Most in 3 Months
Retail sales in Chile went up 2.3 percent year-on-year in August 2019, following a downwardly revised 1.6 percent gain in the previous month. Sales increased further in spare parts, tires & accessories for automotive vehicles (10.8 percent from 5.8 percent in July); light commercial & used motor vehicles (16.6 percent from 3.6 percent); pharmacy, cosmetics & personal hygiene products (4.4 percent from 1.1 percent); and building materials, tools, hardware & paint (5.1 percent from 1.7 percent). Also, other non-classified sales rebounded (10.4 percent from -4.8 percent). On a monthly basis, retail trade jumped 7 percent, after an upwardly revised 1.1 percent fall in the prior month. Considering the first eight months of the year, retail trade rose 0.8 percent over a year earlier.

2019-09-03
Chile Retail Sales Rebound in July
Retail sales in Chile rose 1.8 percent year-on-year in July 2019, following an upwardly revised 1.2 percent decrease in the previous month. The largest contributors to the increase in sales were spare parts, tires & accessories for automotive vehicles (11.3 percent vs 3.0 percent in June); electronic products (4.2 percent vs 1.8 percent) and miscellaneous goods (3.2 percent vs 0.7 percent). On a monthly basis, retail trade went down 1.0 percent, after an upwardly revised 6.9 percent slump in the previous month. Considering the first seven months of 2019, retail trade advanced 0.7 percent over a year ago.

2019-08-02
Chile Retail Sales Fall 0.9% YoY in June
Retail sales in Chile decreased 0.9 percent in June 2019, following a 3.3 percent rise in the previous month. Main declines in sales were recorded for new light vehicles (-10.3 percent vs -5.1 percent in May) and fuels (-14 percent vs -1.7 percent). On a monthly basis, retail sales tumbled 6.6 percent, after an upwardly revised 6.8 percent growth in the previous month. Considering the first six months of 2019, retail trade advanced 0.5 percent over a year ago.

2019-07-03
Chile Retail Sales Growth at 7-Month High in May
Retail sales in Chile rose 3.3 percent year-on-year in May 2019, following a downwardly revised 0.7 percent decrease in the previous month. It was the strongest gain in retail trade since last October, mainly boosted by sales of electronic products (10.2 percent vs 1.4 percent in April); clothing, footwear & accessories (4.3 percent vs -6.2 percent) and spare parts, tires & automotive vehicles accessories (8.1 percent vs 6.2 percent). On a monthly basis, retail sales grew 6.7 percent, after a downwardly revised 7.3 percent slump in the preceding month. Considering the first five months of 2019, retail trade grew 0.7 percent compared to the same period of 2018.


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.

Chile Consumer Last Previous Highest Lowest Unit
Consumer Confidence 29.40 28.30 59.30 28.30 points [+]
Retail Sales MoM 0.20 -5.00 33.90 -27.00 percent [+]
Retail Sales YoY -9.80 -11.90 23.80 -11.90 percent [+]
Consumer Spending 25237.00 25196.03 26446.04 7342.00 CLP Billion [+]
Consumer Credit 27236.00 26827.00 27236.00 2224.00 CLP Billion [+]
Private Sector Credit 170367.33 169397.16 170367.33 21212.00 CLP Billion [+]
Bank Lending Rate 5.17 4.96 15.15 4.74 percent [+]
Households Debt To GDP 46.30 45.60 46.30 22.70 percent of GDP [+]
Gasoline Prices 1.14 1.03 1.76 0.43 USD/Liter [+]