Retail Sales in Portugal increased 0.60 percent in December of 2018 over the previous month. Retail Sales MoM in Portugal averaged 0.05 percent from 2000 until 2018, reaching an all time high of 6.10 percent in January of 2005 and a record low of -7.40 percent in January of 2011.
Retail Sales MoM in Portugal is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Portugal to stand at 0.80 in 12 months time. In the long-term, the Portugal Retail Sales MoM is projected to trend around -0.70 percent in 2020, according to our econometric models.