Slovakia

Retail Sales

-4.2
percent change, year-over-year
Source: IMF

Global Ranking

54
Lithuania-2.85
55
Estonia-3.24
56
Finland-3.34
57
Bermuda-3.72
58
Austria-3.85
59
Slovakia-4.2
59
Moldova-4.2
62
Ireland-4.45
63
Macedonia-4.59
64
Germany-4.97

Europe Ranking

22
Lithuania-2.85
23
Estonia-3.24
24
Finland-3.34
25
Austria-3.85
26
Slovakia-4.2
26
Moldova-4.2
29
Ireland-4.45
30
Macedonia-4.59
31
Germany-4.97

News

Definition of Retail Sales

The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.

Related Indicators

    Maxinomics LogoThe World's Economic Atlas

    TYPE TO BEGIN SEARCHING