Thailand

Retail Sales

17.59
percent change, year-over-year
May 01Jul 02Nov 03Feb 05May 06Jul 07Nov 08Feb 10May 11Jul 12Nov 13Feb 15May 16Jul 17Oct 18Jan 20Apr 21Jul 22-30.0000.00030.0060.0090.00
  • Thailand
  • Global Median
Source: IMF

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.

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