Macedonia retail trade rose 6.4 percent year-on-year in February 2019, slowing from a 7.8 percent gain in the previous month. It was the smallest increase in retail trade since August last year, as sales advanced at a softer pace for food, beverages and tobacco (8.4 percent compared to 12.0 percent in January) and automotive fuel (8.3 percent compared to 16.0 percent). On the other hand, sales of non-food products rebounded (2.5 percent compared to -0.9 percent). Retail Sales Yoy in Macedonia averaged 0.99 percent from 2011 until 2019, reaching an all time high of 15.70 percent in March of 2016 and a record low of -16.80 percent in January of 2014.

Retail Sales Yoy in Macedonia is expected to be 4.30 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 Macedonia to stand at 2.80 in 12 months time. In the long-term, the Macedonia Retail Sales YoY is projected to trend around 1.00 percent in 2020, according to our econometric models.

Macedonia Retail Sales YoY
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-28 11:00 AM Retail Sales YoY 6.9% 9.3% 6.3%
2019-01-31 11:00 AM Retail Sales YoY 7.9% 6.9% 6.4%
2019-02-28 11:00 AM Retail Sales YoY 7.8% 7.9% 6.1%
2019-03-29 11:00 AM Retail Sales YoY 6.4% 7.8% 11.5%
2019-04-30 10:00 AM Retail Sales YoY 6.4% 4.2%
2019-05-31 10:00 AM Retail Sales YoY
2019-06-28 10:00 AM Retail Sales YoY

Macedonia Consumer Last Previous Highest Lowest Unit
Consumer Spending 112034.00 107564.00 112034.00 48142.00 MKD Million [+]
Retail Sales Yoy 6.40 7.80 15.70 -16.80 percent [+]
Gasoline Prices 1.21 1.15 1.82 0.70 USD/Liter [+]
Consumer Credit 156903.00 156450.00 156903.00 21625.00 MKD Million [+]

Macedonia Retail Sales YoY

In Macedonia, 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 the latest reported value for - Macedonia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.40 7.80 15.70 -16.80 2011 - 2019 percent Monthly
2015 =100

Country Last Previous
Argentina 25.00 Jan/19
Australia 2.90 Feb/19
Brazil 3.90 Feb/19
Canada 1.80 Feb/19
China 8.70 Mar/19
Euro Area 2.80 Feb/19
France 2.00 Feb/19
Germany 4.70 Feb/19
Indonesia 9.10 Feb/19
Italy 0.90 Feb/19
Japan 0.40 Feb/19
Mexico 0.90 Jan/19
Netherlands 4.30 Feb/19
Russia 1.60 Mar/19
Singapore -10.00 Feb/19
South Africa 1.10 Feb/19
South Korea -2.00 Feb/19
Spain 1.20 Feb/19
Switzerland -0.20 Feb/19
Turkey -4.90 Feb/19
United Kingdom 6.70 Mar/19
United States 3.60 Mar/19