Retail Sales in Cyprus increased 9.32 percent in June of 2022 over the same month in the previous year. source: Ministry of Finance, Cyprus

Retail Sales YoY in Cyprus averaged 1 percent from 2001 until 2022, reaching an all time high of 55.62 percent in April of 2021 and a record low of -32.96 percent in March of 2013. This page provides the latest reported value for - Cyprus Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Retail Sales YoY in Cyprus is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Retail Sales YoY is projected to trend around 0.70 percent in 2023 and 1.50 percent in 2024, according to our econometric models.

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Cyprus Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-06-01 09:10 AM Mar -1% -2.8% 1%
2022-06-01 09:10 AM Apr -1.9% -1%
2022-09-01 09:00 AM Jun


Related Last Previous Unit Reference
Retail Sales MoM 3.20 9.70 percent Apr 2022
Retail Sales YoY 9.32 12.22 percent Jun 2022

Cyprus Retail Sales YoY
In Cyprus, 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.
Actual Previous Highest Lowest Dates Unit Frequency
9.32 12.22 55.62 -32.96 2001 - 2022 percent Monthly
2015=100

News Stream
Cyprus Retail Sales Drop for Third Consecutive Month
Retail sales in Cyprus fell 1.9 percent year-on-year in April of 2022 after a 1 percent drop in the previous month. Sales of food went down 9.1% while those of non-food products increased 10.1%, namely textiles, clothing and footwear (34.6%). On a monthly basis, sales rose 3.2 percent.
2022-06-01
Cyprus Retail Sales Fall the Most in 13 Months
Retail sales growth in Cyprus fell 2 percent year-on-year in February of 2022, reversing from a 12.6 percent jump in the previous month. It was the sharpest decline in retail trade activity since January of 2021, as sales fell faster for food products (-6.7 percent vs -3.3 percent in January) and eased significantly for textiles and clothing (9 percent vs 145.8 percent); automotive fuel (9.7 percent vs 22.5 percent); electrical household appliances, furniture, lighting equipment, and construction equipment (0.8 percent vs 32.2 percent); and computers and telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, and jewellery (1.9 percent vs 37.1 percent). On a monthly basis, sales grew 0.6 percent, rebounding from a 29.5 percent decline in January.
2022-04-04
Cyprus Retail Sales Growth at 3-Month Low
Retail sales growth in Cyprus eased to 5.3 percent year-on-year in November of 2021 from 6.2 percent in the previous month. It was the smallest gain in retail trade since August, as sales slowed for food products (0.8 percent vs 4.3 percent in October); textiles and clothing (12 percent vs 21 percent); electrical household appliances, furniture, lighting equipment, and construction equipment (9.3 percent vs 2.2 percent); and computers and telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, and jewellery (12.6 percent vs 16.6 percent). On the other hand, sales rebounded sharply for automotive fuel (6.5 percent vs -0.4 percent). On a monthly basis, sales growth declined 0.5 percent compared to a downwardly revised 1.6 percent rise in October.
2022-02-01