Venezuela Retail Sales YoY

Venezuela · Monthly series · EC-VE-RSYY

Latest, January 2019

-53.5%

+2.70pp from December 2018

Open interactive chartVenezuela Retail Sales YoY in the app

158.7-9.794-178.3February 2009January 2020
History through January 2019, the forecast path to January 2020 (dashed) and its 80% interval (shaded).

Forecast

Forecast for January 2020: -32.4%, with an 80% interval of -50.5% to -9.1%.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
February 2019-53.2%-75.2%-23.0%
March 2019-52.0%-81.8%-7.7%
April 2019-51.2%-61.5%-35.3%
May 2019-49.5%-63.5%-26.5%
June 2019-47.4%-88.9%20.0%
July 2019-45.4%-88.6%25.0%
August 2019-42.9%-97.6%45.0%
September 2019-40.2%-107.4%60.3%
October 2019-37.7%-84.9%29.4%
November 2019-35.2%-178.3%158.7%
December 2019-33.6%-123.2%83.8%
January 2020-32.4%-50.5%-9.1%

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-15.

AI confidence

Supported evidence

The point forecast beat the no-change baseline overall and in a majority of the evaluated tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+14%Beats the no-change baseline over 8 tests (8 tests, 7 won)
Direction
76%No clear edge over a coin flip (73 of 96 calls right in 8 tests)
Turning points
18 of 51Anticipated some turns (51 turns in 8 tests, 0 without a turn)
Error vs baseline
14% lowerError ratio 0.86; 1.00 is a tie.
Tests won
7 / 8Complete rolling backtests; ties count as no win.
Test period
2011-02-01 to 2019-01-0112 observations ahead per test.
80% band coverage
78%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 1% of the 119 earlier readings since February 2009.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
January 2019-53.5%
December 2018-56.2%
November 2018-50.3%
October 2018-50.3%
September 2018-47.8%
August 2018-44.7%
July 2018-29.8%
June 2018-36.5%
May 2018-16.8%
April 2018-11.8%
March 2018-21.6%
February 2018-27.8%
January 2018-8.7%
December 2017-19.9%
November 2017-1.8%
October 2017-0.5%
September 2017-2.2%
August 2017-2.6%
July 2017-9.0%
June 2017-3.0%
May 2017-14.4%
April 2017-17.1%
March 2017-3.7%
February 2017-3.9%

Source

Data: public market data feeds.

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