year-on-year
Adjective
Meaning
year-on-year (not comparable)
Alternative form of year-over-year
Alternative names
year on year
Examples
Abhishek Gupta, Global CFO of OYO Hotels & Homes, said: “We have crossed an important milestone of achieving global revenue of $951 million in FY19, a 4.5 times increase on a year-on-year basis.
According to Canalys, for the period under review, Huawei shipped 55.8 million devices, down 5% year-on-year (YOY), and second-placed Samsung shipped 53.7 million smartphones, a 30% fall against Q2 2019.
After crashing in the June 2020 quarter due to the Covid-related lockdowns, the company’s volumes picked good pace in the recent September quarter — growing more than 60 per cent on a sequential quarter basis and about 6 per cent y-o-y (year-on-year).
After reaching a record level of $10.6-billion in 2018, South Africa's agricultural exports fell by 8% year-on-year (y/y) in 2019 to $9.8-billion.
Also, the average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 23.46 per cent and month-on-month by 3.71 per cent to N549.98 in November from N530.32 in October 2020.
An even narrower inflation measure watched by many market economists also excluding alcohol and tobacco prices which can move due to excise tax changes, decelerated even more to 1.1% from 1.3% in December in year-on-year terms.