Retail sales in Denmark rose 4.0 percent year-on-year in August 2021, easing from an upwardly revised 4.9 percent rise in the previous month. It was the sixth straight month of increase in retail trade, but the weakest growth in sequence, amid the loosening lockdown measures to combat the spread of coronavirus pandemic. On a monthly basis, retail sales declined 0.5 percent, following a 0.1 percent drop in July. source: Statistics Denmark

Retail Sales YoY in Denmark averaged 1.31 percent from 1996 until 2021, reaching an all time high of 24.30 percent in March of 2021 and a record low of -10.20 percent in February of 2009. This page provides the latest reported value for - Denmark Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Retail Sales YoY in Denmark is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Retail Sales YoY is projected to trend around 2.80 percent in 2022 and 1.10 percent in 2023, according to our econometric models.

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Denmark Retail Sales YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-08-26 06:00 AM Jul 4.8% 6.5% 5.2%
2021-09-27 06:00 AM Aug 4% 4.9% 3.5%
2021-10-27 06:00 AM Sep 4% 2.8%

Denmark Last Unit Reference Previous Highest Lowest
Consumer Confidence 3.30 points Oct/21 8.20 15.50 -22.00
Retail Sales MoM -0.50 percent Aug/21 -0.10 17.80 -8.30
Retail Sales YoY 4.00 percent Aug/21 4.90 24.30 -10.20
Consumer Spending 240453.00 DKK Million Jun/21 230367.00 243025.00 151525.00
Disposable Personal Income 1172507.28 DKK Million Dec/19 1127877.48 1172507.28 368723.09

Denmark Retail Sales YoY
In Denmark, 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.