Retail trade in Armenia rose by 23.1 percent year-on-year in October 2022, the largest increase since April 2021, and accelerating from a 20.7 percent growth a month earlier. On a monthly basis, retail activity declined by 1.9 percent, after gaining 2.1 percent in the previous month. For the first 10 months of the year, retail sales grew by 15.5 percent, compared to the same period of 2021. source: Central Bank of Armenia
Retail Sales YoY in Armenia averaged 3.87 percent from 2007 until 2022, reaching an all time high of 48.10 percent in April of 2021 and a record low of -33.10 percent in April of 2020. This page provides - Armenia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Retail Sales YoY in Armenia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Retail Sales YoY is projected to trend around 0.20 percent in 2023 and 3.00 percent in 2024, according to our econometric models.