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.
Met the why particular 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 %)||-1.7||0.7||2.5||2.7||4.1|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Retail Sales Chart
Source: Statistics Portugal (INE).
|Bond Yield||0.64||-1.90 %||Jun 13|
|Exchange Rate||1.13||0.65 %||Jun 13|
|Stock Market||5,194||-0.02 %||Jun 13|
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May 31, 2019
Detailed national accounts released on 31 May confirmed that the economy grew 0.5% in quarter-on-quarter, seasonally-adjusted terms in Q1 2019 (Q4 2018: +0.4% quarter-on-quarter).
May 30, 2019
The industrial sector showed improvements at the start of the second quarter, with the rate of decline easing notably in April.
May 28, 2019
Consumers became more pessimistic in May, with the consumer confidence index sliding to minus 9.0 points, down from minus 7.3 points in April.
May 15, 2019
The economy gained traction in the first quarter of the year, according to preliminary estimates released by the National Statistical Institute (INE) on 15 May.
April 30, 2019
Portugal’s industrial sector remained in the doldrums at the end of the first quarter, contracting at a much sharper pace in March compared to February.