Retail sales in Macedonia fell 11.9 percent year-on-year in July of 2020, the 5th straight decline due to the coronavirus pandemic. Drops were seen in sales of food, beverages and tobacco (-8.2 percent); non-food products (-6.8 percent) and auto fuel (-29.3 percent). On a monthly basis, retail sales went down 13.4 percent.

Retail Sales Yoy in Macedonia averaged 1.06 percent from 2011 until 2020, reaching an all time high of 15.70 percent in March of 2016 and a record low of -17.60 percent in April of 2020. This page provides the latest reported value for - Macedonia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.

Retail Sales Yoy in Macedonia is expected to be -7.00 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 Macedonia to stand at 4.50 in 12 months time. In the long-term, the Macedonia Retail Sales YoY is projected to trend around 5.70 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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Macedonia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-11.90 -9.90 15.70 -17.60 2011 - 2020 percent Monthly
2015 =100


Calendar GMT Actual Previous Consensus TEForecast
2020-05-29 10:15 AM Apr -17.6% -8.8% -17%
2020-06-30 10:00 AM May -15.8% -17.6% -14.2%
2020-07-31 10:00 AM Jun -9.9% -15.8% -7.8%
2020-08-31 10:00 AM Jul -11.9% -9.9% -8%
2020-09-30 10:00 AM Aug -11.9% -7.2%
2020-10-30 11:00 AM Sep -7%
2020-11-30 11:00 AM Oct
2020-12-30 11:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Macedonia Retail Sales Extend Declines
Retail sales in Macedonia fell 11.9 percent year-on-year in July of 2020, the 5th straight decline due to the coronavirus pandemic. Drops were seen in sales of food, beverages and tobacco (-8.2 percent); non-food products (-6.8 percent) and auto fuel (-29.3 percent). On a monthly basis, retail sales went down 13.4 percent.
2020-08-31
Macedonia Retail Trade Drops for 4th Month
Retail sales in Macedonia fell 9.9 percent year-on-year in June of 2020, following a 15.8 percent slump in the previous month. It was the fourth consecutive month of falls in retail trade, as sales continued to drop for food, beverages & tobacco (-7.4 percent), non-food products (-3.5 percent) and automotive fuel (-31.4 percent).
2020-07-31
Macedonia Retail Trade Growth Slows to 9-Month Low of 4.4%
Retail Sales in Macedonia increased 4.4 percent year-on-year in January of 2020, easing from a 11.1 percent jump in the previous month. It was the lowest annual gain in retail trade since April, as sales slowed for food, beverages & tobacco (1.2 percent vs 9.1 percent in December) and non-food products (2.2 percent vs 24.1 percent). Meanwhile, sales of automotive fuel rebounded (4.6 percent vs -11.6 percent).
2020-02-28
Macedonia Retail Trade Growth Highest Since 2016
Macedonia retail trade surged 11.1 percent year-on-year in December of 2019, up from a 10.6 percent rise in the previous month. It is the biggest monthly gain since March 2016, boosted by sales of food, beverages & tobacco (9.1 percent vs 6.2 percent in November) and non-food products (24.1 percent vs 23 percent). Meanwhile, sales of automotive fuel continued to decline (-11.6 percent vs -9.9 percent).
2020-01-31

Macedonia Retail Sales YoY
In Macedonia, 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.