Retail sales in Macedonia rose 10.6 percent year-on-year in November 2019, easing from a 10.8 percent advance in the previous month. Automotive sales fell faster (-9.9 percent vs -3.6 percent in October) while those of both food (6.2 percent vs 5.9 percent) and non-food products (23 percent vs 20.5 percent) advanced faster.

Retail Sales Yoy in Macedonia averaged 1.54 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. 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.

Retail Sales Yoy in Macedonia is expected to be 2.80 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 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.


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Macedonia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
10.60 10.80 15.70 -16.80 2011 - 2019 percent Monthly
2015 =100

Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 10:00 AM Aug 7.3% 8.0% 7.4%
2019-10-31 11:00 AM Sep 9.8% 7.3% 2.7%
2019-11-29 11:00 AM Oct 10.8% 9.8% 8.5%
2019-12-30 11:30 AM Nov 10.6% 10.8%
2020-01-31 11:00 AM Dec 10.6% 9.5%


News Stream
2019-10-31
Macedonia Retail Trade Growth at Near 3-Year High
Macedonia retail trade surged 9.8 percent year-on-year in September 2019, up from a 7.3 percent rise in the previous month. It is the biggest monthly gain since November 2016, boosted by sales of food, beverages & tobacco (5.9 percent vs 3.6 percent in August) and non-food products (20.2 percent vs 18.1 percent). Meanwhile, those of automotive fuel declined (-4.5 percent vs -4.1 percent).

2019-09-30
Macedonia Retail Trade Growth Slows in August
Macedonia retail trade went up 7.3 percent year-on-year in August 2019, easing from a 8 percent gain in the previous month. Sales of food, beverages & tobacco slowed (3.6 percent compared to 7.5 percent) while those of non-food products increased further (18.1 percent compared to 13.4 percent).

2019-06-28
Macedonia Retail Sales Rise 5.4% YoY in May
Macedonia retail trade increased 5.4 percent year-on-year in May 2019, following a 4.1 percent gain in April. Sales of non-food products went up further (11.4 percent compared to 5.5 percent in April). On the other hand, sales of food, beverages & tobacco slowed (5.6 percent compared to 7.7 percent) and those of automotive fuel dropped at a faster pace (-6.1 percent compared to -6 percent).

2019-05-31
Macedonia Retail Sales Growth Slows to 4.1% in April
Macedonia retail trade rose 4.1 percent year-on-year in April 2019, slowing from a 5.4 percent gain in the previous month. It was the smallest increase in retail trade since March last year, as sales grew less for food, beverages & tobacco (7.7 percent vs 8.1 percent in March) and non-food products (5.5 percent vs 8.1 percent). In addition, those of automotive fuel declined (-6 percent vs 5.8 percent).

2019-04-30
Macedonia Retail Trade Growth Slows to 1-Year Low
Macedonia retail trade rose 5.4 percent year-on-year in March 2019, slowing from a 6.4 percent gain in the previous month. It was the smallest increase in retail trade since March last year, as sales advanced at a softer pace for food, beverages and tobacco (8.1 percent compared to 8.4 percent in February) and automotive fuel (5.8 percent compared to 8.3 percent). On the other hand, sales of non-food products rose faster (8.1 percent compared to 2.5 percent).

2019-03-29
Macedonia Retail Sales Rise the Least in 6 Months
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).


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.

Macedonia Consumer Last Previous Highest Lowest Unit
Consumer Spending 114811.00 114552.00 114811.00 48142.00 MKD Million [+]
Retail Sales Yoy 10.60 10.80 15.70 -16.80 percent [+]
Gasoline Prices 1.25 1.22 1.82 0.70 USD/Liter [+]
Consumer Credit 172014.00 170877.00 172014.00 21625.00 MKD Million [+]