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|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
August 31, 2021
A second estimate confirmed that GDP rebounded, expanding 4.9% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, above the 3.2% contraction seen in the first quarter, as restrictions were severely tightened throughout the better part of Q1.
August 31, 2021
Industrial production grew 0.5% year-on-year in seasonally-adjusted terms in July (June: +10.8% s.a.
Portugal: Consumer confidence reaches pre-pandemic levels, economic sentiment remains steady in August
August 30, 2021
Consumer confidence soared to minus 11.9 in August, from minus 17.0 in July, hitting the highest level since February 2020, just before the pandemic hit.
July 31, 2021
Industrial production rose 10.4% year-on-year in seasonally-adjusted terms in June (May: +26.6% s.a.
July 30, 2021
According to a preliminary reading, GDP bounced back in the second quarter, growing 4.9% on a seasonally-adjusted quarter-on-quarter basis and contrasting the 3.2% contraction logged in Q1.