New data Retail Sales YoY (Oct)
11/29/2024
actual 6.7, previous 7.1
On November 29, 2024, at 10:00 AM, the Retail Sales Year-over-Year (YoY) data for October was released for Croatia (HR). The actual YoY growth rate was 6.7%, which was a decrease of 0.4% from the previous period. The market consensus estimate was 5.2%, and the previous figure stood at 7.1%. This economic indicator measures the change in the total value of inflation-adjusted sales at the retail level.The impact of this event on the market was considered low. The Croatian Kuna (HRK) could be influenced by this data release, as it provides insights into consumer spending patterns and overall economic activity in the country. The decrease in the YoY growth rate by 5.634% from the previous period may indicate a slight slowdown in retail sales growth.
This is not investment advice. Remember to verify the information provided here.
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