Armenia Retail Sales YoY  Forecast

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Retail Sales YoY in Armenia is expected to be 3.50 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 Armenia to stand at 4.59 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 Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 42.6 44.3 44.49 44.67 44.83 45.78
Retail Sales YoY 15.1 3.5 6.04 5.18 4.59 5.2
Consumer Spending 974952 1076842 865354 958544 1141572 1057013
Consumer Credit 472577 477163 479756 480639 480214 454360