Portugal's retail trade fell 10.9 percent year-on-year in January 2021, following a revised 4.2 percent decline in the previous month. It was the largest decrease in trade since last May, as the government imposed a lockdown on January 15th, aiming to curb record COVID-19 daily cases and hospitalizations. Non-food sales tumbled 19.2 percent (vs -9.4 percent in December), while food trade edged up 0.1 percent (vs 2.4 percent in December). source: Statistics Portugal
Retail Sales YoY in Portugal averaged 1.12 percent from 1996 until 2021, reaching an all time high of 18.70 percent in March of 1996 and a record low of -22.20 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 March of 2021.
Retail Sales YoY in Portugal is expected to be 3.40 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 Portugal to stand at 4.80 in 12 months time. In the long-term, the Portugal Retail Sales YoY is projected to trend around 2.50 percent in 2022, according to our econometric models.