Portugal’s retail trade edged down by 2.7 percent year-on-year in September of 2021, slowing from an upwardly revised 3.5 percent rise in the previous month. Sales slowed for both food stores (2.1 percent vs 3.8 percent in August), and non-food stores (3.2 percent vs 3.3 percent). On a monthly basis, retail sales went up 1.5 percent, following a downwardly revised 0.5 percent in the prior month. source: Statistics Portugal
Retail Sales YoY in Portugal averaged 1.28 percent from 1996 until 2021, reaching an all time high of 28.60 percent in April of 2021 and a record low of -21.80 percent in April of 2020. This page provides - Portugal Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Retail Sales YoY in Portugal is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Retail Sales YoY is projected to trend around 3.20 percent in 2022 and 2.50 percent in 2023, according to our econometric models.