Retail sales in Czech Republic rose 2.9 percent year-on-year in November 2019, slowing from a 3.4 percent increase in the previous month and missing market expectations of a 3.3 percent gain. It was the smallest rise in retail trade since May, as sales of food sales eased (0.2 percent compared to 3.1 percent in October) and automotive fuel sales fell further (-1.4 percent compared to -0.3 percent). In contrast, non-food sales advanced at a faster pace (5.7 percent compared to 4.5 percent in October). On a monthly basis, retail trade went up 0.1 percent.

Retail Sales YoY in Czech Republic averaged 3.84 percent from 2001 until 2019, reaching an all time high of 14.70 percent in October of 2001 and a record low of -6.60 percent in February of 2009. This page provides - Czech Republic Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales YoY in Czech Republic is expected to be 6.50 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 Czech Republic to stand at 5.40 in 12 months time. In the long-term, the Czech Republic Retail Sales YoY is projected to trend around 4.00 percent in 2020, according to our econometric models.


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Czech Republic Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.40 14.70 -6.60 2001 - 2019 percent Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-08 07:00 AM Aug 3.7% 7% 3.9% 5.2%
2019-11-07 08:00 AM Sep 7.3% 3.7% 6.6% 4.5%
2019-12-06 08:00 AM Oct 3.4% 7.1% 3.8% 5.2%
2020-01-13 08:00 AM Nov 2.9% 3.4% 3.3% 3.6%
2020-02-05 08:00 AM Dec 2.9% 6.5%


News Stream
2019-12-06
Czech Republic Retail Trade Growth at 5-Month Low
Retail sales in Czech Republic increased 3.4 percent year-on-year in October 2019, easing from a downwardly revised 7.1 percent rise in the previous month and below market expectations of 3.8 percent. It was the lowest annual gain in retail trade since May, as non-food sales slowed sharply (4.5 percent vs 12.0 percent in September) and automotive fuel sales fell (-0.3 percent vs 3.3 percent). On the other hand, food sales rose further (3.1 percent vs 2.2 percent). On a monthly basis, retail trade showed no growth.

2019-11-07
Czech Retail Sales Grow the Most in Over a Year
Retail sales in Czech Republic surged 7.3 percent year-on-year in September of 2019, following a 3.7 percent gain in the prior month and beating market expectations of a 6.6 percent rise. It was the fastest rise in retail trade since January of 2018, as sales advanced faster for food, beverages & tobacco (2.2 percent vs 1.0 percent in August); non-food products (12.3 percent vs 6.6 percent) and automotive fuel (3.2 percent vs 1.0 percent). On a seasonally adjusted monthly basis, retail trade went up 0.7 percent, after an upwardly revised 0.2 percent increase in August.

2019-10-08
Czech Retail Trade Growth Slows in August
Retail sales in Czech Republic increased 3.7 percent year-on-year in August of 2019, easing from a 7.0 percent rise in the previous month and below market expectations of a 3.9 percent growth. Sales slowed for food, beverages & tobacco (1.0 percent vs 4.1 in July); auto fuel (4.0 percent vs 7.5 percent) and non-food products (6.6 percent vs 10.5 percent). On a monthly basis, retail sales increased 0.1 percent, after an upwardly revised 0.2 percent drop in July

2019-09-05
Czech Retail Sales Grow the Most in 18 Months
Retail sales in Czech Republic advanced 7.0 percent year-on-year in July of 2019, up from an upwardly revised 4.8 percent increase in the prior month and beating market expectations of a 6.5 percent rise. It was the fastest rise in retail trade since January of 2018, as sales advanced faster for food, beverages & tobacco (4.1 percent vs 1.7 percent in June); non-food products (10.5 percent vs 7.8 percent) and auto fuel (7.5 percent vs 5.0 percent). On a monthly basis, retail sales fell 0.1 percent, after increasing 1.7 percent in June.

2019-08-07
Czech Retail Trade Growth Beats Forecasts
Retail sales in Czech Republic increased 4.6 percent year-on-year in June of 2019, accelerating from a 2.7 percent rise in the previous month and above market expectations of 3.2 percent. Sales advanced faster for food, beverages & tobacco (1.5 percent from 0.4 percent in May) and non-food products (7.7 percent from 5.6 percent). In addition, sales of auto fuel rose 2.6 percent, rebounding from a 0.7 percent drop in the prior month. On a monthly basis, retail sales jumped 1.7 percent, up from a 1 percent decline in May.

2019-07-09
Czech Retail Trade Growth Slows to 8-Month Low
Retail sales in Czech Republic increased 2.7 percent year-on-year in May of 2019, easing from a 6.9 percent rise in the previous month and well below market expectations of a 5.0 percent growth. It was the smallest gain in retail trade since September of 2018, as sales slowed for food, beverages & tobacco (0.4 percent vs 10.0 in April) while those fell for auto fuel (-0.7 percent vs 3.0 percent). On the other hand, non-food products sales advanced faster (5.6 percent vs 5.4 percent). On a monthly basis, retail sales decreased 1.0 percent, after a 0.2 percent gain in April.


Czech Republic Retail Sales YoY
In Czech Republic, 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.

Czech Republic Consumer Last Previous Highest Lowest Unit
Consumer Confidence 104.80 110.00 119.40 69.20 points [+]
Retail Sales MoM 0.10 0.00 5.40 -4.50 percent [+]
Retail Sales YoY 2.90 3.40 14.70 -6.60 percent [+]
Consumer Spending 575.97 575.84 575.97 331.27 CZK Billion [+]
Personal Savings 11.72 11.21 15.69 7.23 percent [+]
Consumer Credit 261142.20 259632.60 261142.20 4071.00 CZK Million [+]
Private Sector Credit 3152228.11 3146771.93 3152228.11 588000.00 CZK Million [+]
Gasoline Prices 1.44 1.41 2.32 0.72 USD/Liter [+]
Households Debt To GDP 32.00 31.90 32.10 6.70 percent of GDP [+]
Households Debt To Income 60.69 56.64 60.69 13.33 percent [+]