Armenia Retail Sales YoY  Forecast

Retail Sales YoY in Armenia is expected to be 12.42 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 Armenia to stand at 12.23 in 12 months time. In the long-term, the Armenia Retail Sales YoY is projected to trend around 5.20 percent in 2020, according to our econometric models.

Armenia Retail Sales YoY
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Armenia Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 42.6 42.26 42.32 42.31 42.32 42.31
Retail Sales YoY 11.9 12.42 3.5 12.23 12.23 5.2
Consumer Spending 819878 956640 959159 959525 959578 959587
Consumer Credit 464643 473735 479453 483640 486578 492680