Retail sales in Denmark jumped 24.2 percent year-on-year in March of 2020, rebounding sharply from a 4.9 percent drop in the previous month. It was the first time increase in retail trade in three months, amid the loosening lockdown measures to combat the spread of coronavirus pandemic. On a monthly basis, retail sales surged 19.7 percent, following a downwardly revised 2.9 percent rise in February. source: Statistics Denmark
Retail Sales YoY in Denmark averaged 1.23 percent from 1996 until 2021, reaching an all time high of 24.20 percent in March of 2021 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 May of 2021.
Retail Sales YoY in Denmark is expected to be 1.50 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 Denmark to stand at 2.80 in 12 months time. In the long-term, the Denmark Retail Sales YoY is projected to trend around 2.80 percent in 2022 and 1.10 percent in 2023, according to our econometric models.