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 - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Retail Sales YoY in Serbia averaged 5.38 percent from 2003 until 2019, reaching an all time high of 35.67 percent in June of 2005 and a record low of -21.30 percent in July of 2011. This page provides - Serbia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Bank of Serbia
Retail Sales YoY in Serbia is expected to be 3.20 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 4.90 percent in 2021, according to our econometric models.