Retail sales in Chile plunged 24 percent over a year earlier in June 2020, following a 28.7 percent slump in the previous month. It was the fourth consecutive decline in retail trade, amid the coronavirus pandemic. Sales dropped mainly for clothing, footwear & accessories (-54.9 percent); new automotive vehicles (-71.6 percent); and consumption goods (-15.3 percent). On a monthly basis, retail trade went down 0.8 percent, after increasing 11.4 percent in the prior month. Considering the first half of the year, retail sales declined 16.1 percent.

Retail Sales YoY in Chile averaged 5.20 percent from 2006 until 2020, reaching an all time high of 23.80 percent in April of 2010 and a record low of -31.70 percent in April of 2020. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: National Institute of Statistics, Chile

Retail Sales YoY in Chile is expected to be -1.00 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 Chile to stand at 2.00 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 2.50 percent in 2021 and 3.90 percent in 2022, according to our econometric models.

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Chile Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-24.00 -28.70 23.80 -31.70 2006 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 01:00 PM Mar -14.9% 4.5% -9%
2020-05-29 01:00 PM Apr -31.3% -14.8% -18%
2020-06-30 01:00 PM May -28.7% -31.7% -25%
2020-07-31 01:00 PM Jun -24% -28.7% -20%
2020-08-31 12:00 PM Jul
2020-09-30 12:00 PM Aug
2020-10-30 12:00 PM Sep -1%
2020-11-30 12:00 PM Oct


News Stream
Chile Retail Sales Continue to Fall
Retail sales in Chile plunged 24 percent over a year earlier in June 2020, following a 28.7 percent slump in the previous month. It was the fourth consecutive decline in retail trade, amid the coronavirus pandemic. Sales dropped mainly for clothing, footwear & accessories (-54.9 percent); new automotive vehicles (-71.6 percent); and consumption goods (-15.3 percent). On a monthly basis, retail trade went down 0.8 percent, after increasing 11.4 percent in the prior month. Considering the first half of the year, retail sales declined 16.1 percent.
2020-07-31
Chile Retail Sales Shrink for 3rd Month
Retail sales in Chile slumped 28.7 percent from a year ago in May of 2020, following an upwardly revised 31.7 percent tumble in the previous month. It was the third consecutive month of declines in retail activity, due to the coronavirus crisis. On a monthly basis, retail trade surged 11.4 percent, recovering sharply from an upwardly revised 25.6 percent fall in the prior month. In the first five months of the year, retail sales shrank 14.5 percent over a year ago.
2020-06-30
Chile Retail Trade Posts Largest Slump on Record
Retail sales in Chile tumbled 14.9 percent year-on-year in March of 2020, following a 4.5 percent increase in the previous month. This was the strongest decline in retail activity since at least January of 2006, amid the impact of the imposed lockdown to contain the Covid-19 pandemic. Sales fell in all categories of products, except pharmaceuticals, cosmetics & and personal care products (7.1 percent). On a monthly basis, retail trade shrank 6.8 percent, following a 0.7 percent decrease in the previous month. Year-to-date, retail sales went down 3.9 percent over a year ago.
2020-04-30
Chile Retail Sales Rise the Most in Over a Year
Retail sales in Chile went up 4.5 percent year-on-year in February 2020, following an upwardly revised 0.2 percent rise in the previous month. It was the largest increase in retail trade since October 2018, boosted by higher sales of light motor vehicles (28.8 percent vs 12.4 percent in January); food (7.6 percent vs 0.7 percent); beverages & tobacco (6.3 percent vs 3.7 percent); pharmacy, cosmetics & and personal care products (6.2 percent vs 0.2 percent); clothing, footwear & accessories (8.8 percent vs 2.2 percent); electronic products (6.3 percent vs 2.8 percent); construction materials (5.4 percent vs 2.1 percent); and miscellaneous articles (5.4 percent vs 3.9 percent). On a monthly basis, retail trade went down 0.6 percent, after declining 24.9 percent in the prior month.
2020-03-31

Chile Retail Sales YoY
In Chile, 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.