Retail sales in the euro area rose in May by 0.1%

In May 2018, retail sales in the euro area increased by 0.1% compared with April, when their growth was 0.4%, according to the data of the Statistical Office Eurostat. Analysts had expected growth of 0.5%. In annual terms, retail sales grew by 1.7%, coinciding with the forecasts. The retail sales volume in the 28 countries of the European Union increased by 0.4% in May compared to a growth of 0.2% a month earlier. Growth in annual terms was 1.7%. The biggest increase for the month was shown by Germany - by 2.3%, and Romania - by 1.7%. The largest decrease was recorded in Portugal - by 4.1%, Slovenia - by 2%, and Estonia - by 1.8%.

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