Retail Sales in Serbia increased 1.10 percent in November of 2020 over the same month in the previous year. source: National Bank of Serbia

Retail Sales YoY in Serbia averaged 5.23 percent from 2003 until 2020, reaching an all time high of 42.80 percent in April of 2005 and a record low of -19.50 percent in July of 2011. This page provides - Serbia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Retail Sales YoY in Serbia is expected to be 1.80 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 Serbia to stand at 4.50 in 12 months time. In the long-term, the Serbia Retail Sales YoY is projected to trend around 5.00 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Serbia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
1.10 6.30 42.80 -19.50 2003 - 2020 percent Monthly
Constant Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-09-30 10:00 AM Aug 4.5% 4.7% 5%
2020-10-30 11:00 AM Sep 7.7% 4.5% 3.9%
2020-11-30 11:30 AM Oct 6.3% 7.7% 6%
2020-12-30 11:00 AM Nov 1.1% 6.3% 6.5%
2021-01-29 11:00 AM Dec 1.1%
2021-02-26 11:00 AM Jan
2021-03-31 10:00 AM Feb
2021-04-29 10:00 AM Mar

News Stream
Serbia Retail Sales Rise the Least in Over a Year
Serbia's retail trade growth eased to 4.4 percent year-on-year in March 2020, the slowest since December 2018, led by declines in sales of fuel (-9.7 percent) and other non-food products (-1.0 percent). Meanwhile, food sales jumped 14.9 percent.
Serbia Retail Trade Growth at 3-Month Low
Retail sales in Serbia increased 10.9 percent year-on-year in January of 2020, easing from a 13.1 percent rise in the previous month. It was the lowest annual gain in retail trade since October of 2019, as sales increased at a softer pace for food, beverages and tobacco (7.0 percent vs 13.5 percent in December) and non-food products (14.1 percent vs 14.5 percent). Meanwhile, automotive fuel sales advanced faster (14.9 percent vs 9.3 percent). On monthly basis, retail trade slumped 20.1percent, after a 10.5 percent jump in the prior month.
Serbia Retail Sales Rise at Faster Pace in December
Serbia's retail trade rose 13.1 percent from a year earlier in December 2019, following a 11.2 percent growth in the previous month, boosted by sales of food, beverages and tobacco (13.5 percent), non-food products (14.5 percent) and automotive fuel (9.3 percent). Considering 2019 full year, retail trade grew 9.7 percent.

Serbia Retail Sales YoY
In Serbia, 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.