Portugal’s retail trade advanced 3.1 percent year-on-year in August of 2021, following an upwardly revised 1.8 percent gain in the previous month. Sales rose faster for both food stores (3.8 percent vs 2.5 percent in July) and non-food stores (2.6 percent vs 1.1 percent). On a monthly basis, retail sales edged up 0.3 percent, following an upwardly revised 0.9 percent fall in July. source: Statistics Portugal
Retail Sales YoY in Portugal averaged 1.28 percent from 1996 until 2021, reaching an all time high of 28.60 percent in April of 2021 and a record low of -21.80 percent in April of 2020. This page provides - Portugal Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Retail Sales YoY in Portugal is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Retail Sales YoY is projected to trend around 3.20 percent in 2022 and 2.50 percent in 2023, according to our econometric models.