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.

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Portugal Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-10.90 -4.20 18.70 -22.20 1996 - 2021 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 11:00 AM Oct -0.7% 0.5%
2020-12-29 11:00 AM Nov -5.1% -0.4% 0.5%
2021-01-29 11:00 AM Dec -4.5% -5.3% -4%
2021-03-01 11:00 AM Jan -10.9% -4.2% -6%
2021-03-30 10:00 AM Feb -10.9% -10.2%
2021-04-29 10:00 AM Mar
2021-05-28 10:00 AM Apr
2021-06-29 10:00 AM May


News Stream
Portugal Retail Sales Slump 10.9% in January
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).
2021-03-01
Portugal Retail Sales Fall for 3rd Month
Retail sales in Portugal shrank 4.5 percent year-on-year in December of 2020, the third consecutive month of falling retail sales. Sales of non-food products dropped 9.9 percent, shrinking for the tenth month while sales of food, drinks and tobacco rose faster (2.4 percent vs 1 percent). On a monthly basis, retail sales dropped 0.4 percent. Considering full 2020, retail sales went down 4.1 percent, after rising 4.3 percent in 2019.
2021-01-29
Portugal Retail Sales Fall the Most in 5 Months
Retail sales in Portugal slipped 5.1 percent year-on-year in November of 2020, following a downwardly revised 0.4 percent decrease in the previous month. It was the sharpest fall in retail trade since June, as sales declined faster for non-food products (-9.7 percent vs -3.4 percent in October) and those of food, drinks and tobacco slowed (1.1 percent vs 3.3 percent). On a monthly basis, retail sales dropped 3.2 percent, down from an upwardly revised 1.7 percent rise in October.
2020-12-29
Portugal Retail Sales Back to Contraction after Brief Gain
Retail sales in Portugal were down 0.7 percent year-on-year in October of 2020, following an upwardly revised 0.5 percent rise in September. Sales went down for non-food products (-3.9 percent vs -0.5 percent) while those of food, drinks and tobacco rose faster (3.3 percent vs 1.7 percent). On a monthly basis, retail sales went up 1.5 percent.
2020-11-27

Portugal Retail Sales YoY
In Portugal, 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.