Retail sales in Croatia advanced 12.8% year-on-year in July of 2021, following a 10.9% rise in the previous month of June. That was the sixth straight month of increases in retail activity, amid higher sales of food, beverages, and tobacco (12.8% vs 10.2 percent in June) and non-food products (9.1% vs 7.5%). On a monthly basis, retail sales increased by 2.2%, reversing a 3.8% decline in the prior month. Considering the first seven months of the year, retail trade grew 12.6% compared to the same period a year ago. source: Croatian Bureau of Statistics

Retail Sales YoY in Croatia averaged 3.20 percent from 2001 until 2021, reaching an all time high of 34.40 percent in April of 2021 and a record low of -25.50 percent in April of 2020. This page provides the latest reported value for - Croatia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Croatia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Retail Sales YoY in Croatia is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Retail Sales YoY is projected to trend around 3.40 percent in 2022, according to our econometric models.

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Croatia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
12.80 10.90 34.40 -25.50 2001 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-28 09:00 AM Apr 34.4% 14.2% 30%
2021-06-30 09:00 AM May 16.5% 34.4% 15%
2021-07-30 09:00 AM Jun 10.9% 16.5% 10%
2021-08-30 09:00 AM Jul 12.8% 10.9% 7.1%
2021-09-30 09:00 AM Aug 12.8%
2021-10-29 10:00 AM Sep
2021-11-30 10:00 AM Oct
2021-12-30 10:00 AM Nov


News Stream
Croatia Retail Trade Rises Faster in July
Retail sales in Croatia advanced 12.8% year-on-year in July of 2021, following a 10.9% rise in the previous month of June. That was the sixth straight month of increases in retail activity, amid higher sales of food, beverages, and tobacco (12.8% vs 10.2 percent in June) and non-food products (9.1% vs 7.5%). On a monthly basis, retail sales increased by 2.2%, reversing a 3.8% decline in the prior month. Considering the first seven months of the year, retail trade grew 12.6% compared to the same period a year ago.
2021-08-30
Croatia Retail Sales Growth Slows
Retail sales in Croatia increased 10.9% year-on-year in June of 2021, following a 16.5% rise in May, as a low base effect from last year continues to weigh. In June 2020, retail sales dropped 6.2% due to the coronavirus pandemic. This year, sales of food, beverages and tobacco increased by 10.2% and those of non-food products (except of automotive fuels and lubricants) 7.5%. Considering the first half of the year, retail sales were up 12.6%.
2021-07-30
Croatia Retail Sales Jump 16.5% in May
Retail sales in Croatia hiked 16.5 percent year-on-year in May of 2021, following a record 34.4 percent surge in the prior month, as the sector continued to recover from the initial impact of the pandemic. Main upward pressure came from non-food products (18.2 percent vs 69.5 percent in April); followed by food, beverages, and tobacco (11.2 percent vs 12.0 percent). On a monthly basis, retail sales jumped 6.4 percent, rebounding from a 2.1 percent drop in the previous month. In the first four month of 2021, retail trade went up 13 percent compared to the same period of the prior year.
2021-06-30
Croatia Retail Sales Rise at Record Pace
Croatia's retail sales surged 34.4 percent from a year earlier in April of 2021, following a 14.2 percent increase in the prior month, marking the highest growth rate ever, given the low baseline effects from the pandemic outbreak. In April of 2020, retail sales fell at a record 25.5 percent. Main upward pressure came from sales of non-food products (69.5 percent vs 33.7 percent in March) and a rebound in retail trade of food beverages & tobacco (12.0 percent vs -4.8 percent). On a monthly basis, retail sales declined 2.1 percent, after a 1.9 percent drop in the previous month. In the first four month of 2021, retail trade was 12 percent higher than in last year’s corresponding period.
2021-05-28

Croatia Retail Sales YoY
In Croatia, 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.