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.

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Croatia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -0.70 20.60 -25.50 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-30 10:00 AM Retail Sales YoY Sep -7.3% -8.6% -6.5%
2020-11-30 10:00 AM Retail Sales YoY Oct -2.5% -7.3% -6.5%
2020-12-30 10:00 AM Retail Sales YoY Nov -0.7% -2.6% -5%
2021-01-29 10:00 AM Retail Sales YoY Dec -3.2% -0.7% -0.3%
2021-03-11 10:00 AM Retail Sales YoY Jan -3.2%
2021-03-30 09:00 AM Retail Sales YoY Feb
2021-04-30 09:00 AM Retail Sales YoY Mar
2021-05-28 09:00 AM Retail Sales YoY Apr


News Stream
Croatia Retail Sales Fall for the 10th Month
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.
2021-01-29
Croatia Retail Sales Fall for 9th Month
Croatia's retail sales fell 0.7 percent from a year earlier in November of 2020, following an upwardly revised 2.6 percent decline in the prior month and marking the 9th consecutive month of decreases in retail activity, amid the COVID-19 crisis. Lower sales at other activities (-10.2 percent vs 11.4 percent in October) more than offset increases in those of food, beverages & tobacco (1.5 percent vs -0.2 percent); non-food products (2 percent, the same pace as in October) and automotive fuel (1.7 percent vs 0.9 percent). On a monthy basis, retail sales increased 1.5 percent, after a downwardly revised 3.6 percent rise in the previous month.
2020-12-30
Croatia Retail Sales Fall for 8th Month
Croatia's retail sales fell 2.5 percent from a year earlier in October 2020, an eight consecutive month of decline as the COVID-19 crisis hit domestic demand. Food, beverages and tobacco trade fell 0.2 percent (-6.4 percent in September) and sales at other activities slumped 11.4 percent (vs -14.8 percent in September). On the other hand, there were increases in sales of non-food products (2.2 percent vs -2.7 percent) and automotive fuel (1.0 percent vs -4.7 percent).
2020-11-30
Croatia Retail Sales Fall at Faster Pace in August
Croatia's retail sales slumped 8.6 percent from the previous year in August 2020, accelerating from a 6.7 percent decline in the previous month, as the COVID-19 crisis hit domestic demand. Sales of non-food products were down 2.7 percent (vs -1.2 percent in July) and those of automotive fuel dropped 1.8 percent (vs -0.4 percent in July). In addition, food, beverages and tobacco trade fell 0.8 percent in August, compared to a 0.1 percent gain in the previous month.
2020-09-30

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.