Portuguese Retail Sees Growth Slow In 2018: INE
Retail sales in Portugal grew by 3.9% in 2018, compared to the previous year, which saw a growth rate of 4.1%.
According to the National Statistical Institute (INE), this performance was influenced by a 3.1% growth in the sales of food products, offsetting a 2% drop in non-food products.
In Q4 2018, retail sales increased by 4.6% year on year, with food products growing by 4.8% and non-food products growing by 4.5%. In the month of December, retail sales went up by 4.2% year on year.
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