Retail Sales in Venezuela increased 12.55 percent in September of 2013 over the same month in the previous year. Retail Sales YoY in Venezuela averaged 9.47 percent from 2011 until 2013, reaching an all time high of 20.24 percent in April of 2013 and a record low of -3.30 percent in January of 2011.
Retail Sales YoY in Venezuela is expected to be 12.70 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 Venezuela to stand at 12.70 in 12 months time. In the long-term, the Venezuela Retail Sales YoY is projected to trend around 12.70 percent in 2020, according to our econometric models.