Retail Sales in Slovakia increased 2.20 percent in October of 2021 over the same month in the previous year. source: Statistical Office of the Slovak Republic

Retail Sales YoY in Slovakia averaged 2.76 percent from 1996 until 2021, reaching an all time high of 28.60 percent in April of 1999 and a record low of -16.80 percent in January of 2021. This page provides - Slovakia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Retail Sales YoY in Slovakia is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 2.70 percent in 2022 and 3.30 percent in 2023, according to our econometric models.

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Slovakia Retail Sales YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-11-05 08:00 AM Sep 5.3% 2.2% 2.5%
2021-12-03 08:00 AM Oct 2.2% 5.3% 4.5%
2022-01-07 08:00 AM Nov

Related Last Previous Unit Reference
Consumer Confidence -22.90 -22.00 points Nov/21
Retail Sales MoM -2.70 3.70 percent Oct/21
Retail Sales YoY 2.20 5.30 percent Oct/21
Consumer Spending 12.83 12.32 EUR Billion Sep/21
Disposable Personal Income 14944.00 13837.00 EUR Million Jun/21
Personal Savings 1494.00 1603.00 EUR Million Jun/21
Economic Optimism Index 99.80 97.00 points Nov/21
Gasoline Prices 1.73 1.65 USD/Liter Oct/21

News Stream
Slovakia Retail Sales Sink at Record Pace
Retail Sales in Slovakia went down 16.8 percent year-on-year In January 2021, following a 0.6 percent decrease in December. It is the biggest plunge in retail sales on record, due to the coronavirus pandemic. Sales at non-specialized stores including hyper and supermarkets fell for the first time in a year by a sharp 12.4 percent. There was also a significant decrease in household goods (-34.4 percent), the biggest fall since February of 2009; food, beverages and tobacco (-20.3 percent) and in stalls and markets (-51.5 percent) also recorded historical turnover drops, but in these cases they were the less significant retail activities. On a monthly basis , retail sales declined 9.5 percent.
Slovak Retail Trade Falls for 2nd Month
Retail sales in Slovakia went down 0.6 percent year-on-year in December of 2020, following a 0.4 percent decrease in November, as tighter coronavirus restrictions to contain a second wave of infections continued to cause slippages in retail. Declines were seen in sales of food, beverages & tobacco (-2 percent vs -5.4 percent in November); automotive fuel (-7.5 percent vs -3.7 percent); cultural and recreation goods (-12.1 percent vs -18.5 percent) and via stalls and markets (-26.3 percent vs -33 percent). On a monthly basis, retail sales declined 0.8 percent. Considering the full year of 2020, retail activity shrank 1.1 percent over a year earlier.

Slovakia Retail Sales YoY
In Slovakia, 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.