Retail sales in the Czech Republic went up 6.6 percent year-on-year in March of 2021, rebounding from a downwardly revised 5.2 percent decline in the previous month and missed market expectations of a 9.0 percent jump. Still, it was the largest increase in retail activity since February of 2020, as sales increased at a faster pace for non-food products (14.3 percent vs -5.1 percent in February) and food, beverages & tobacco (0.4 percent vs -3.7 percent), while the decline in automotive fuel sales eased (-2.2 percent vs -11.2 percent). On a seasonally adjusted basis, retail trade retreated 1.6 percent, following an upwardly revised 3.1 percent gain in February. source: Czech Statistical Office

Retail Sales YoY in Czech Republic averaged 3.54 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 May of 2021.

Retail Sales YoY in Czech Republic is expected to be 0.50 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 Czech Republic to stand at 2.10 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
6.60 -5.20 14.70 -9.60 2001 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-05 08:00 AM Dec 3.7% -6.2% -1.3% -4.1%
2021-03-15 08:00 AM Jan -9% 1.6% -4.9% -4.5%
2021-04-07 07:00 AM Feb -5.8% -8.9% -7.8% -11%
2021-05-06 07:00 AM Mar 6.6% -5.2% 9% 4.1%
2021-06-08 07:00 AM Apr 6.6% 6.5%
2021-07-08 07:00 AM May 2%
2021-08-05 07:00 AM Jun 0.5%
2021-09-07 07:00 AM Jul


News Stream
Czech Retail Activity Growth Misses Expectations
Retail sales in the Czech Republic went up 6.6 percent year-on-year in March of 2021, rebounding from a downwardly revised 5.2 percent decline in the previous month and missed market expectations of a 9.0 percent jump. Still, it was the largest increase in retail activity since February of 2020, as sales increased at a faster pace for non-food products (14.3 percent vs -5.1 percent in February) and food, beverages & tobacco (0.4 percent vs -3.7 percent), while the decline in automotive fuel sales eased (-2.2 percent vs -11.2 percent). On a seasonally adjusted basis, retail trade retreated 1.6 percent, following an upwardly revised 3.1 percent gain in February.
2021-05-06
Czech Retail Sales Fall Less than Expected
Retail sales in the Czech Republic decreased 5.8 percent year-on-year in February of 2021, following a downwardly revised 8.9 percent decline in the previous month and compared to market expectations of a 7.8 percent fall. Sales dropped at a softer pace for non-food products (-6.6 percent vs -11.8 percent in January); food, beverages & tobacco (-3.2 percent vs -3.3 percent) and automotive fuel (-11.3 percent vs -13.7 percent). On a seasonally adjusted basis, retail trade advanced 2.8 percent, recovering from a 6.5 percent slump in January.
2021-04-07
Czech Republic Retail Sales Back to Contraction
Retail sales in Czech Republic sank 9 percent year-on-year in January of 2021, the biggest fall since a record in April, as restrictions on sale or complete closures of stores remained in January aiming to contain the spread of the coronavirus. Sales were down for clothing, footwear and leather goods (-74.1 percent); cultural and recreation goods (-33 percent); household equipment (-23.9 percent); cosmetic and toilet articles (-11.9 percent); information and communication equipment (-9.6 percent); chemist, medical and orthopaedic goods (-6.2 percent); food, beverages or tobacco (-19.3 percent). In contrast, sales via mail order houses or via Internet jumped 34.5 percent. On a monthly basis, retail sales sank 6.6 percent.
2021-03-15
Czech Retail Activity Unexpectedly Rebounds
Retail Sales in the Czech Republic rose 3.7 percent year-on-year in December of 2020, following a downwardly revised 6.2 percent slump in the previous month and compared market expectations of a 1.3 percent fall. Sales of non-food products jumped 7.5 percent and those of food increased 0.5 percent, whereas automotive fuel trade declined 6.6 percent. On a monthly basis, retail trade surged 8.3 percent, after declining 5.6 percent in the prior month. Considering the full year of 2020, retail activity shrank 0.6 percent over a year earlier.
2021-02-05

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.