Retail sales in Slovakia went up 1.5 percent year-on-year in July of 2020, the first increase since February before the coronavirus pandemic. Sales increased mainly in hypermarkets and supermarkets (4.6 percent) and specialized stores for household goods (12.6 percent). Sales of auto fuel (-5.1 percent) recorded the most significant decrease. On a monthly basis, retail sales went up 1.8 percent.
Retail Sales YoY in Slovakia averaged 2.83 percent from 1996 until 2020, reaching an all time high of 28.60 percent in April of 1999 and a record low of -14.30 percent in February of 2009. This page provides - Slovakia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.
Retail Sales YoY in Slovakia is expected to be -2.00 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 Slovakia to stand at 4.20 in 12 months time. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 2.20 percent in 2021 and 3.30 percent in 2022, according to our econometric models.