Croatia's retail sales fell 3.2 percent from a year earlier in December of 2020, following the 0.7 percent decline in the prior month and marking the 10th consecutive month of decreases in retail activity, amid the COVID-19 crisis. Downward pressure came from sales in all groups, led by sales at other activities (-12.5 percent vs -10.2 percent in November), and in non-food products (-5.5 percent vs 1.9 percent). In contrast, retail sales of food, beverages, and tobacco increased (4.7 percent vs 1.5 percent). On a monthly basis, retail sales decreased 0.8 percent, after an upwardly revised 2.3 percent rise in the previous month. In 2020, retail trade decreased 5.8 percent compared to the previous year. source: Croatian Bureau of Statistics
Retail Sales YoY in Croatia averaged 2.91 percent from 2001 until 2020, reaching an all time high of 20.60 percent in August of 2001 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 March of 2021.
Retail Sales YoY in Croatia is expected to be 2.00 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 Croatia to stand at 5.80 in 12 months time. In the long-term, the Croatia Retail Sales YoY is projected to trend around 3.40 percent in 2022, according to our econometric models.