Retail sales in Czech Republic surged 6.9 percent year-on-year in April 2019, up from an upwardly revised 4.8 percent gain in the prior month and beating market expectations of a 5.1 percent rise, as sales rebounded for food, beverages & tobacco (10% vs -3% in March) boosted by Easter holidays. Meanwhile, those of non-food products slowed (5.4% vs 11.4%) and automotive fuel (3% vs 6.9%). At the same time, retail sales over the Internet or via mail order services continued to rise sharply (20% vs 22.1%). On a seasonally adjusted monthly basis, retail trade went up 0.2 percent. Retail Sales YoY in Czech Republic averaged 3.79 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.

Retail Sales YoY in Czech Republic is expected to be 7.50 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 6.80 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.

Czech Republic Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-14 08:00 AM Retail Sales YoY 4.7% 3.1% 4.1% 3.8%
2019-04-05 07:00 AM Retail Sales YoY 5.1% 4.9% 4.5% 4.1%
2019-05-07 07:00 AM Retail Sales YoY 4.3% 5.1% 4.5% 3.7%
2019-06-05 07:00 AM Retail Sales YoY 6.9% 4.8% 5.1% 4.2%
2019-07-09 07:00 AM Retail Sales YoY 6.9% 7%
2019-08-07 07:00 AM Retail Sales YoY 7.5%
2019-09-05 07:00 AM Retail Sales YoY


Czech Republic Consumer Last Previous Highest Lowest Unit
Consumer Confidence 105.10 105.10 113.80 66.00 Index Points [+]
Retail Sales MoM 0.20 0.60 5.40 -4.50 percent [+]
Retail Sales YoY 6.90 4.80 14.70 -6.60 percent [+]
Consumer Spending 571.97 563.20 571.97 330.89 CZK Billion [+]
Personal Savings 12.38 10.88 15.69 7.23 percent [+]
Consumer Credit 247439.10 245635.70 247439.10 4071.00 CZK Million [+]
Private Sector Credit 3045598.94 3025865.38 3045598.94 588000.00 CZK Million [+]
Gasoline Prices 1.47 1.45 2.32 0.72 USD/Liter [+]
Households Debt To GDP 32.30 32.10 32.30 6.70 percent of GDP [+]
Households Debt To Income 56.64 59.22 59.22 13.33 percent [+]


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. This page provides - Czech Republic Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.90 4.80 14.70 -6.60 2001 - 2019 percent Monthly
NSA




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