Retail sales in Denmark dropped 7 percent year-on-year in May 2022, reversing sharply from a 1.2 percent gain in the previous month, due to a decline in sales of food and other groceries (-5.9% vs 3.1%), amid faster fall in sales of other consumables (-9.3% vs -4.4%). In addition, sales of clothing grew much softer (0.9% vs 28.1%). On a monthly basis, retail sales went down by 1.1 percent, after a downwardly revised 1.1 percent gain in April. source: Statistics Denmark

Retail Sales YoY in Denmark averaged 1.29 percent from 1996 until 2022, reaching an all time high of 23.50 percent in March of 2021 and a record low of -10.60 percent in March of 2022. 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 July of 2022.

Retail Sales YoY in Denmark is expected to be 2.10 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 2023 and 1.10 percent in 2024, according to our econometric models.

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Denmark Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-05-30 06:00 AM Apr 1.2% -10.6% -13.2%
2022-06-28 06:00 AM May -7% 1.2% 0.4%
2022-07-27 06:00 AM Jun -7%


Related Last Previous Unit Reference
Consumer Confidence -24.80 -22.40 points Jun 2022
Retail Sales MoM -1.10 1.10 percent May 2022
Retail Sales YoY -7.00 1.20 percent May 2022
Consumer Spending 248850.00 246504.00 DKK Million Mar 2022
Disposable Personal Income 1233034.86 1172507.28 DKK Million Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
-7.00 1.20 23.50 -10.60 1996 - 2022 percent Monthly
NSA

News Stream
Danish Retail Sales Fall 7% YoY in May
Retail sales in Denmark dropped 7 percent year-on-year in May 2022, reversing sharply from a 1.2 percent gain in the previous month, due to a decline in sales of food and other groceries (-5.9% vs 3.1%), amid faster fall in sales of other consumables (-9.3% vs -4.4%). In addition, sales of clothing grew much softer (0.9% vs 28.1%). On a monthly basis, retail sales went down by 1.1 percent, after a downwardly revised 1.1 percent gain in April.
2022-06-28
Danish Retail Sales Rebound in April
Retail sales in Denmark grew 1.2 percent year-on-year in April 2022, recovering sharply from a downwardly revised 10.6 percent plunge in the previous month, due to a rebound in sales of food and other groceries (3.1% vs -10.1%), amid faster rises in sales of clothing (27.9% vs 11.2%), while those of other consumables fell less (-4.4% vs -14.0%). On a monthly basis, retail sales rose by 1.7 percent, rebounding from an upwardly revised 0.9 percent fall in March.
2022-05-30