Retail trade in Georgia rose 5.6 percent year-on-year in the fourth quarter of 2018, easing from a 12 percent increase in the previous period. It is the lowest growth in retail trade since the second quarter of 2016. Retail Sales YoY in Georgia averaged 16.15 percent from 2000 until 2018, reaching an all time high of 82.50 percent in the fourth quarter of 2011 and a record low of -21.90 percent in the fourth quarter of 2001.

Retail Sales YoY in Georgia is expected to be 15.10 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 Georgia to stand at 15.70 in 12 months time. In the long-term, the Georgia Retail Sales YoY is projected to trend around 16.40 percent in 2020, according to our econometric models.

Georgia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-04 03:25 PM Retail Sales YoY 16.7% 21% 17.3%
2018-09-03 02:45 PM Retail Sales YoY 16.4% 16.7% 16%
2018-12-04 07:00 AM Retail Sales YoY 12% 16.4% 15.8%
2019-03-06 07:00 AM Retail Sales YoY 5.6% 12% 11.3%
2019-06-04 03:25 PM Retail Sales YoY 5.6% 15%
2019-09-03 02:45 PM Retail Sales YoY 14.8%
2019-12-04 06:00 AM Retail Sales YoY 15%


Georgia Consumer Last Previous Highest Lowest Unit
Retail Sales YoY 5.60 12.00 82.50 -21.90 percent [+]
Consumer Spending 5443.10 5784.10 6463.20 970.40 GEL Million [+]
Consumer Confidence -22.00 -18.00 -1.40 -40.40 Index Points [+]


Georgia Retail Sales YoY

In Georgia, 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. This page provides - Georgia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.60 12.00 82.50 -21.90 2000 - 2018 percent Quarterly




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