Retail sales in Chile surged 23.8 percent year-on-year in March of 2021, following a downwardly revised 3.7 percent increase in the previous month. Main upward pressure came from the rebound in the sales of clothing & footwear (29.0 percent vs -18.0 percent), fuels (11.0 percent vs -10.3 percent), but also from the very significant pace increases in the sales of new light motor vehicles (98.8 percent vs 2.7 percent), electronic & technological products (61.2 percent vs 41.9 percent) and construction materials, tools, hardware & paints (47.3 percent vs 29.3 percent). On a monthly basis, retail trade jumped 10.9 percent, after an upwardly revised 2.7 percent drop in the prior month. source: National Institute of Statistics, Chile
Retail Sales YoY in Chile averaged 5.41 percent from 2006 until 2021, reaching an all time high of 24.80 percent in November of 2020 and a record low of -32.10 percent in April of 2020. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Retail Sales YoY in Chile is expected to be 16.00 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 Chile to stand at 3.00 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 2.50 percent in 2022 and 3.90 percent in 2023, according to our econometric models.