Retail sales in Denmark advanced 2.5 percent year-on-year in October 2021, easing from a downwardly revised 3.0 percent rise in the previous month. It was the eighth straight month of increase in retail trade, but the softest pace in the sequence, amid easing COVID-19 restrictions. On a monthly basis, retail sales rose 1.7 percent, rebounding sharply from an upwardly revised 1.2 percent fall in September. source: Statistics Denmark

Retail Sales YoY in Denmark averaged 1.32 percent from 1996 until 2021, reaching an all time high of 24.30 percent in March of 2021 and a record low of -10.20 percent in February of 2009. This page provides the latest reported value for - Denmark Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Retail Sales YoY in Denmark is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Retail Sales YoY is projected to trend around 2.80 percent in 2022 and 1.10 percent in 2023, according to our econometric models.

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Denmark Retail Sales YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-10-27 06:00 AM Sep 3.1% 3.8% 2.8%
2021-11-25 07:00 AM Oct 2.5% 3.0% 1.2%
2021-12-21 07:00 AM Nov 2.5% -4%

Related Last Previous Unit Reference
Consumer Confidence -2.00 3.30 points Nov/21
Retail Sales MoM 1.70 -1.10 percent Oct/21
Retail Sales YoY 2.50 3.00 percent Oct/21
Consumer Spending 252949.00 240453.00 DKK Million Sep/21
Disposable Personal Income 1233034.86 1172507.28 DKK Million Dec/20
Denmark Retail Sales YoY
In Denmark, 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.