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.