Retail Sales in Macedonia increased 5.30 percent in September of 2026 over the same month in the previous year. Retail Sales YoY in Macedonia averaged 2.31 percent from 2011 until 2026, reaching an all time high of 23.20 percent in April of 2021 and a record low of -21.30 percent in April of 2020. source: State Statistical Office of the Republic of Macedonia

Retail Sales YoY in Macedonia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Retail Sales YoY is projected to trend around 2.50 percent in 2027 and 2.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-30 10:00 AM
Retail Sales YoY
Aug 3.6% 5.6% 4.4%
2026-10-30 11:00 AM
Retail Sales YoY
Sep 5.3% 3.6% 4.6%
2026-11-30 11:00 AM
Retail Sales YoY
Oct 5.3%


Related Last Previous Unit Reference
Consumer Credit 303182.95 299119.31 MKD Million Sep 2026
Consumer Spending 181941.00 163347.00 MKD Million Jun 2026
Gasoline Prices 1.68 1.85 USD/Liter Oct 2026
Retail Sales YoY 5.30 3.60 percent Sep 2026


North 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.
Actual Previous Highest Lowest Dates Unit Frequency
5.30 3.60 23.20 -21.30 2011 - 2026 percent Monthly
Constant Prices, NSA

News Stream
North Macedonia Retail Sales Growth Slows
North Macedonia’s retail sales rose 3.6% year-on-year in August 2026, slowing from a 5.6% increase in July. The moderation was mainly driven by weaker activity in the retail trade of automotive fuel, where sales growth eased to 8.4% from 13.2% in the previous month. Excluding fuel, retail sales growth also slowed, to 2.3% from 3.6%, while sales of non-food products increased 2.3%, down sharply from 6.7% in July. In contrast, retail sales of food, beverages and tobacco accelerated, rising 1.2% year-on-year after remaining flat in July.
2026-09-30
North Macedonia Retail Sales Rebound in July
North Macedonia’s retail sales advanced by 5.6% year-on-year in July 2026, rebounding from a 1.0% drop in the previous month. Activity strengthened in non-food products excluding fuel, jumping by 6.7% from 1.4%, and automotive fuel, rising by 13.2% from 2.5%, while trade in food, beverages, and tobacco was flat after falling by 4.2% in June. Moreover, retail trade excluding automotive fuel rebounded sharply, rising by 3.6% from a 1.1% drop.
2026-08-31
North Macedonia Retail Sales Drop in June
North Macedonia's retail sales fell 1.0% year-on-year in June 2026, marking the first annual decline since September 2025 and reversing from a 7.3% increase in May. The downturn was driven by a 4.2% drop in sales of food, beverages and tobacco, following a 9.1% rise in the previous month, while sales growth of automotive fuels also slowed sharply to 2.5% from 14.7%, contributing to a 1.1% decline in retail trade excluding automotive fuel, after a 6.2% increase in May. Meanwhile, sales of non-food products excluding fuel continued to grow, although at a slightly slower pace of 1.4%, compared with 1.6% in the previous month.
2026-07-31