Slovakia's retail trade dropped 3.6 percent from a year earlier in March 2020, following a 3.9 percent growth in the previous month, as sales declined for almost all categories due to the coronavirus pandemic. Trade was down in particular for other household goods in specialized stores and other goods in specialized stores. On a monthly basis, retail trade plunged 7.8 percent, the biggest decline since January 2009.
Retail Sales YoY in Slovakia averaged 2.94 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 May of 2020.
Retail Sales YoY in Slovakia is expected to be -15.00 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 2.50 in 12 months time. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 6.00 percent in 2021 and 3.30 percent in 2022, according to our econometric models.