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.

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Czech Republic Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -1.50 14.70 -10.20 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-08 07:00 AM Aug 0% 2.9% 1.8% 2.8%
2020-11-05 08:00 AM Sep 0.4% -0.1% 0.6% -2%
2020-12-07 08:00 AM Oct -0.9% 0.4% -3.3% -3.5%
2021-01-13 08:00 AM Nov -7% -1.5% -3.6% -2%
2021-02-05 08:00 AM Dec -7% -4.1%
2021-03-15 08:00 AM Jan
2021-04-07 07:00 AM Feb
2021-05-06 07:00 AM Mar
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Czech Retail Sales Fall Most Since April's Slump
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.
2021-01-13
Czech Retail Trade Shrinks Less than Expected
Retail trade in the Czech Republic decreased 0.9 percent year-on-year in October of 2020, following a 0.4 percent rise in the prior month and compared with market expectations of a 3.3 percent decline. Sales of automotive fuel plunged 11.6 percent and those of non-food products went down 1.8 percent, whereas food trade increased 3.9 percent. On a monthly basis, retail sales fell 1.9 percent.
2020-12-07
Czech Retail Trade Below Expectations in September
Retail trade in the Czech Republic increased 0.4 percent year-on-year in September 2020, recovering from a revised 0.1 percent fall in the previous month but missing market expectations of 0.6 percent growth. Sales of non-food goods increased by 2.6 percent, whereas food trade decreased by 2.1 percent and sales of automotive fuel dropped by 1.1 percent.
2020-11-05
Czech Retail Trade Stalls in August
Retail sales in the Czech Republic were flat year-on-year in August of 2020, following a downwardly revised 2.9 percent gain in the previous month. Food sales fell 1.1 percent, compared to a 0.9 percent rise in July and auto fuel sales dropped 1.6 percent, down from a 0.5 percent increase. Also, non-food sales slowed (1.3 percent vs 5.1 percent). On a seasonally adjusted monthly basis, retail sales edged up 0.3 percent.
2020-10-08

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.