Retail Sales in the Czech Republic slumped 7.0 percent from a year earlier in November 2020, the largest decline since April's record plunge of 10.2 percent and compared with market expectations of a 3.6 percent fall, amid COVID-related restrictive measures. Trade was down for clothing, footwear and leather goods (-77.8 percent), cultural and recreation goods (-37.1 percent), food, beverages and tobacco (-29.4 percent), other household equipment (- 21.3 percent), and also for dispensing chemist, medical and orthopedic goods, and cosmetic and toilet articles (-6.0 percent). On a monthly basis, retail sales decreased 5.6 percent in November. source: Czech Statistical Office
Retail Sales YoY in Czech Republic averaged 3.62 percent from 2001 until 2020, reaching an all time high of 14.70 percent in October of 2001 and a record low of -10.20 percent in April of 2020. This page provides - Czech Republic Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Retail Sales YoY in Czech Republic is expected to be 1.80 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 4.30 in 12 months time. In the long-term, the Czech Republic Retail Sales YoY is projected to trend around 3.80 percent in 2022, according to our econometric models.