Retail trade in the Czech Republic advanced 5.1 percent year-on-year in August of 2021, following a downwardly revised 1.7 percent gain in the previous month and missing market expectations of a 7.4 percent jump. Sales advanced significantly for non-food products (10.7 percent vs 4.0 percent in July), followed by a more moderate development in automotive fuel sales growth (3.3 percent vs 0.5 percent). On the other hand, sales continued to fall in stores of food, beverages & tobacco products (-1.5 percent vs -1.0 percent). On a seasonally adjusted monthly basis, retail trade edged up 0.3 percent, rebounding from a 0.2 percent decline in July. source: Czech Statistical Office

Retail Sales YoY in Czech Republic averaged 3.61 percent from 2001 until 2021, reaching an all time high of 14.70 percent in October of 2001 and a record low of -9.60 percent in April of 2020. This page provides - Czech Republic Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Retail Sales YoY in Czech Republic is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Retail Sales YoY is projected to trend around 2.20 percent in 2022 and 3.80 percent in 2023, according to our econometric models.

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Czech Republic Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-07-08 07:00 AM May 8.1% 7.3% 4.5% 4.2%
2021-08-05 07:00 AM Jun 7.2% 9.7% 5.4% 3.8%
2021-09-07 07:00 AM Jul 3.1% 6.8% 4.9% 4%
2021-10-08 07:00 AM Aug 5.1% 1.7% 7.4% 5%
2021-11-05 08:00 AM Sep 5.1%
2021-12-06 08:00 AM Oct


News Stream
Czech Retail Trade Rises Less than Expected in August
Retail trade in the Czech Republic advanced 5.1 percent year-on-year in August of 2021, following a downwardly revised 1.7 percent gain in the previous month and missing market expectations of a 7.4 percent jump. Sales advanced significantly for non-food products (10.7 percent vs 4.0 percent in July), followed by a more moderate development in automotive fuel sales growth (3.3 percent vs 0.5 percent). On the other hand, sales continued to fall in stores of food, beverages & tobacco products (-1.5 percent vs -1.0 percent). On a seasonally adjusted monthly basis, retail trade edged up 0.3 percent, rebounding from a 0.2 percent decline in July.
2021-10-08
Czech Retail Sales Growth Misses Expectations in July
Retail sales in the Czech Republic increased 3.1 percent year-on-year in July of 2021, following a downwardly revised 6.8 percent hike in the previous month and missing market expectations of a 4.9 percent rise. Sales growth slowed markedly in both non-food products (6.0 percent vs 9.8 percent in June) and automotive fuel (2.5 percent vs 4.7 percent), while retail activity contracted for stores selling food, beverages & tobacco (-0.5 percent vs 3.2 percent). On a seasonally adjusted monthly basis, retail trade edged up 0.5 percent.
2021-09-07
Czech Republic Retail Sales Growth Above Forecasts
Retail sales in the Czech Republic grew 7.2 percent year-on-year in June of 2021, following an upwardly revised 9.7 percent jump in the previous month and beating market expectations of a 5.4 percent rise. Sales advanced in all sectors: food, beverages & tobacco (3.5 percent vs 2.4 percent in May); non-food products (9.9 percent vs 14.2 percent); and automotive fuel (6.6 percent vs 13.6 percent). On a seasonally adjusted monthly basis, retail trade went up 0.6 percent.
2021-08-05
Czech Republic Retail Sales Rise More than Expected
Retail sales in Czech Republic went up 8.1 percent year-on-year in May of 2021, following a downwardly revised 7.3 percent rise in the previous month and above the market expectations of an 4.5 percent increase. Sales advanced in all sectors: food, beverages & tobacco (1.8 percent vs -0.4 percent in April); non-food products (12.2 percent vs 13.4 percent); and automotive fuel (10.9 percent vs 14.8 percent). On a seasonally adjusted basis, retail sales went up 7.3 percent, following a 0.7 percent pick up in the prior month.
2021-07-08

Czech Republic Last Unit Reference Previous Highest Lowest
Consumer Confidence 100.70 points Sep/21 106.00 119.80 69.20
Retail Sales MoM 0.30 percent Aug/21 -0.20 11.50 -11.80
Retail Sales YoY 5.10 percent Aug/21 3.10 14.70 -9.60
Consumer Spending 591.46 CZK Billion Jun/21 555.20 622.82 349.25


Czech Republic Retail Sales YoY
In Czech Republic, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.