Retail sales in Denmark jumped by 13.6 percent year-on-year in October of 2020, following a 4.2 percent gain in the previous month. It was the sixth straight month yearly increase in retail trade and the strongest growth since April of 2000, amid the loosening restrictions to combat the coronavirus pandemic. On a monthly basis, retail sales surged 8.2 percent, after an upwardly revised 1.1 percent fall in September. source: Statistics Denmark

Retail Sales YoY in Denmark averaged 1.19 percent from 1996 until 2020, reaching an all time high of 15.10 percent in April of 2000 and a record low of -10.20 percent in February of 2009. This page provides the latest reported value for - Denmark Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Retail Sales YoY in Denmark is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Denmark to stand at 2.00 in 12 months time. In the long-term, the Denmark Retail Sales YoY is projected to trend around 2.80 percent in 2021 and 1.10 percent in 2022, according to our econometric models.

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Denmark Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
13.60 4.20 15.10 -10.20 1996 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-08-26 06:00 AM Jul 6.8% 6.6% 5.9%
2020-09-25 06:00 AM Aug 2% 7.3% 5%
2020-10-26 07:00 AM Sep 4.2% 2.1% 2.8%
2020-11-25 07:00 AM Oct 13.6% 4.2% 2.5%
2020-12-21 07:00 AM Nov 13.6% 10%
2021-01-26 07:00 AM Dec
2021-02-24 07:00 AM Jan
2021-03-26 07:00 AM Feb

Denmark Retail Sales YoY
In Denmark, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.