Slovenia’s retail trade increased 11.8 percent from a year earlier in February of 2019, accelerating from a downwardly revised 9.2 percent rise in the previous month. Sales advanced faster for non-food products (10.1 percent from 8.3 percent in January) and for automotive fuel (26.6 percent from 19.5 percent). Meantime, sales were flat for food products (from a 0.7 percent rise in January). On a monthly basis, retail trade went up 1.1 percent compared to an upwardly revised 4.3 percent increase in the previous month. Retail Sales YoY in Slovenia averaged 3 percent from 2001 until 2019, reaching an all time high of 20.20 percent in May of 2008 and a record low of -17 percent in September of 2009.
Retail Sales YoY in Slovenia is expected to be 10.00 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 Slovenia to stand at 1.80 in 12 months time. In the long-term, the Slovenia Retail Sales YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.