Retail sales in Chile rose 5.8 percent year-on-year in January of 2021, following a downwardly revised 9.7 percent jump in the previous month. The biggest increases were reported for electronic & technological products (40.3 percent vs 25.3 percent in December); construction materials, tools, hardware & paints (29.6 percent vs 33.1 percent); food (12.7 percent vs 11.9 percent); and pharmaceuticals, cosmetics & hygiene products (9.8 percent vs 17.6 percent). Retail gains were capped by downward pressure in used commercial & light motor vehicles (-33.2 percent vs -18.5 percent); new light motor vehicles (-17.2 percent vs -3.6 percent); and clothing & footwear (-14.5 percent vs 6.1 percent). On a monthly basis, retail trade plunged 27.7 percent, after a downwardly revised 25.5 percent surge in December. source: National Institute of Statistics, Chile
Retail Sales YoY in Chile averaged 5.32 percent from 2006 until 2021, reaching an all time high of 25.10 percent in November of 2020 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 February of 2021.
Retail Sales YoY in Chile is expected to be 9.00 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 2.50 in 12 months time. In the long-term, the Chile Retail Sales YoY is projected to trend around 2.50 percent in 2022 and 3.90 percent in 2023, according to our econometric models.