Retail Sales in Slovakia increased 1.50 percent in July of 2021 over the same month in the previous year. source: Statistical Office of the Slovak Republic

Retail Sales YoY in Slovakia averaged 2.75 percent from 1996 until 2021, reaching an all time high of 28.60 percent in April of 1999 and a record low of -16.80 percent in January of 2021. This page provides - Slovakia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Retail Sales YoY in Slovakia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Retail Sales YoY is projected to trend around 2.70 percent in 2022 and 3.30 percent in 2023, according to our econometric models.

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Slovakia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
1.50 6.60 28.60 -16.80 1996 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-06-04 07:00 AM Apr 11.5% 0.3% 6.5%
2021-07-06 07:00 AM May 11.5% 11.5% 8.7%
2021-08-04 07:00 AM Jun 6.6% 11.5% 5.1%
2021-09-03 07:00 AM Jul 1.5% 6.6% 1.1%
2021-10-05 07:00 AM Aug 1.5%
2021-11-05 08:00 AM Sep
2021-12-03 08:00 AM Oct

News Stream
Slovakia Retail Sales Sink at Record Pace
Retail Sales in Slovakia went down 16.8 percent year-on-year In January 2021, following a 0.6 percent decrease in December. It is the biggest plunge in retail sales on record, due to the coronavirus pandemic. Sales at non-specialized stores including hyper and supermarkets fell for the first time in a year by a sharp 12.4 percent. There was also a significant decrease in household goods (-34.4 percent), the biggest fall since February of 2009; food, beverages and tobacco (-20.3 percent) and in stalls and markets (-51.5 percent) also recorded historical turnover drops, but in these cases they were the less significant retail activities. On a monthly basis , retail sales declined 9.5 percent.
Slovak Retail Trade Falls for 2nd Month
Retail sales in Slovakia went down 0.6 percent year-on-year in December of 2020, following a 0.4 percent decrease in November, as tighter coronavirus restrictions to contain a second wave of infections continued to cause slippages in retail. Declines were seen in sales of food, beverages & tobacco (-2 percent vs -5.4 percent in November); automotive fuel (-7.5 percent vs -3.7 percent); cultural and recreation goods (-12.1 percent vs -18.5 percent) and via stalls and markets (-26.3 percent vs -33 percent). On a monthly basis, retail sales declined 0.8 percent. Considering the full year of 2020, retail activity shrank 1.1 percent over a year earlier.
Slovak Retail Sales Rise for 4th Month
Retail sales in Slovakia increased 2.8 percent over a year earlier in October of 2020, following a 5.8 percent rise in the previous month. It was the fourth consecutive month of growth in retail activity, as the economy gradually recovers from the pandemic shock. On a monthly basis, retail trade went down 1.4 percent, for the first time since April, after increasing 1.3 percent in the previous month.
Slovakia Retail Sales Rise the Most in Over a Year
Retail sales in Slovakia increased 4 percent over a year earlier in August 2020, following a 1.5 percent rise in the previous month. It was the highest increase in retail trade since January last year, amid the easing of coronavirus lockdown restrictions. Sales went up further mainly in hypermarkets and supermarkets (7.5 percent vs 4.6 percent in July); and those not in stores, stalls or markets (9.5 percent vs 3.9 percent). Also, sales fell at a softer pace for food, beverages and tobacco (-3 percent vs -7.1 percent) and auto fuel (-0.1 percent vs -5.1 percent). On a monthly basis, retail sales advanced 1.7 percent.

Slovakia Retail Sales YoY
In Slovakia, 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.