Retail sales in Denmark rose by 2 percent year-on-year in August of 2020, following an upwardly revised 7.3 percent gain in the previous month. It was the fourth straight month yearly increase in retail trade but the smallest rise in the current sequence, amid the coronavirus pandemic. On a monthly basis, retail sales fell 1.2 percent, after a 1 percent drop in July.

Retail Sales YoY in Denmark averaged 1.14 percent from 1996 until 2020, reaching an all time high of 15.10 percent in April of 2000 and a record low of -10.20 percent in February of 2009. This page provides the latest reported value for - Denmark Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics Denmark

Retail Sales YoY in Denmark is expected to be 2.80 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 Denmark to stand at 1.50 in 12 months time. In the long-term, the Denmark Retail Sales YoY is projected to trend around 2.80 percent in 2021 and 1.10 percent in 2022, according to our econometric models.

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Denmark Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.00 7.30 15.10 -10.20 1996 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-25 06:00 AM May 5.3% -2.7% -1%
2020-07-27 06:00 AM Jun 6.6% 5.2% 4.3%
2020-08-26 06:00 AM Jul 6.8% 6.6% 5.9%
2020-09-25 06:00 AM Aug 2% 7.3% 5%
2020-10-26 07:00 AM Sep 2% 2.8%
2020-11-25 07:00 AM Oct
2020-12-21 07:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Denmark Retail Sales Fall for First Time in 6 Months
Retail sales in Denmark dropped by 0.6 percent year-on-year in December of 2019, following a revised flat reading in the previous month. It was the first decline in retail trade since June, as sales of food fell (-0.2 percent from 1 percent in November); and those of clothing and footwear decreased further (-6.3 percent from -2.9 percent). Meanwhile, sales of other consumer goods rebounded (0.2 percent from -0.3 percent). On a monthly basis, retail sales went down 0.5 percent, after a downwardly revised 0.1 percent gain in November.
2020-01-27
Denmark Retail Sales Fall for First Time in 5 Months
Retail sales in Denmark dropped by 0.1 percent year-on-year in November of 2019, following a 1.2 percent gain in the previous month. It was the first month of decline since June, due to a drop in sales of clothing and footwear (-4.4 percent vs 1.2 percent in October) and “other consumer goods” (-0.3 percent vs 1.9 percent). Meanwhile, food sales advanced faster (1.0 percent vs 0.4 percent). On a monthly basis, retail sales rose 0.3 percent in December, compared to a revised 0.2 percent drop in October.
2019-12-20
Danish Retail Sales Rise the Most in 3 Months
Retail sales in Denmark increased by 1.2 percent year-on-year in October 2019, following a downwardly revised 0.1 percent rise in the previous month. This marked the strongest yearly gain in retail sales since July, as sales rose faster for food (0.4 percent vs 0.2 percent in September) and other consumer goods (1.9 percent vs 0.9 percent), while those of clothing and footwear rebounded sharply (1.3 percent vs -3.7 percent). On a monthly basis, retail sales fell 0.3 percent in October, compared to a 0.1 percent gain in September.
2019-11-26
Danish Retail Sales Growth at 3-Month Low
Retail sales in Denmark increased by 0.2 percent year-on-year in September 2019, following a marginally revised 0.95 percent rise in the previous month. This marked the weakest yearly gain in retail sales since a 1.2 percent fall in June, as sales rose softer for food (0.2 percent vs 1.2 percent in August) and other consumer goods (1 percent vs 1.1 percent). Also, sales of clothing and footwear fell further (-0.4 percent vs -1.4 percent). On a monthly basis, retail sales edged up 0.1 percent in September, compared to a 0.3 percent advance in August.
2019-10-28

Denmark Retail Sales YoY
In Denmark, 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.