Bosnia and Herzegovina's retail trade increased by 11.7 percent year-on-year in March 2019, easing from a 12.6 percent growth in the previous month, as sales rose at a slower pace for fuel (14.2 percent from 23.9 percent in February). Meanwhile, sales advanced faster for food, beverages & tobacco (10.3 percent from 9.0 percent) and non-food products (11.6 percent vs 9.9 percent). On a monthly basis, retail trade fell 0.1 percent, after a 4.0 percent rise in February. Retail Sales YoY in Bosnia and Herzegovina averaged 6.32 percent from 2010 until 2019, reaching an all time high of 22.20 percent in April of 2011 and a record low of -10.50 percent in March of 2010.
Retail Sales YoY in Bosnia and Herzegovina is expected to be 4.20 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 Bosnia and Herzegovina to stand at 2.90 in 12 months time. In the long-term, the Bosnia and Herzegovina Retail Sales YoY is projected to trend around 3.20 percent in 2020, according to our econometric models.