Retail Sales in Portugal
Portugal - Retail Sales
Retail sales increase in August
In August, retail sales expanded 1.3% over the same month last year, which was above the 1.0% increase tallied in July. August’s increase marked the strongest expansion in three months.
Retail sales have been progressively recovering the ground that was lost during the last three years of recession. Annual average growth in retail sales rose from a 0.8% rise in July to a 1.0% increase in August. This marked the highest reading since June 2007.
FocusEconomics Consensus Forecast panelists expect private consumption to increase 1.2% in 2014, which is unchanged from last month’s estimate. For 2015, the panel sees private consumption accelerating to a 1.0% expansion.
Portugal - Retail Sales Data
|Retail Sales (annual variation in %)||2.5||2.7||4.1||4.1||4.4|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Retail Sales Chart
Source: Statistics Portugal (INE).
|Bond Yield||0.45||-1.90 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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Portugal: Second estimate confirms economy rebounded sharply in Q3, but strong momentum will not carry into Q4
November 13, 2020
A second GDP estimate released by the National Statistics Institute on 13 November showed the economy rebounded 13.3% in seasonally-adjusted quarter-on-quarter terms in Q3, after contracting 13.9% in Q2.
November 2, 2020
Industrial output increased 2.9% in year-on-year terms in September, which was a deterioration from August's 4.2% increase.
October 30, 2020
A GDP estimate released by the National Statistics Institute on 30 October showed the economy rebounded 13.2% in seasonally-adjusted quarter-on-quarter terms in Q3, after contracting 13.9% in Q2.
October 29, 2020
Consumer sentiment rose to minus 24.6 in October, from minus 26.6 in September.
September 30, 2020
Industrial production expanded 3.0% year-on-year in August (July: -8.8% yoy).