Retail sales in the eurozone fell by 0.2% in August


Retail sales in the euro area declined in August by 0.2% after falling 0.6% in the previous month, Eurostat management reported. The monthly figure did not coincide with analysts' forecasts, who had expected it to rise by 0.2%. The annual growth rate of retail sales by 1.8% exceeded the estimates of experts who had predicted a growth of 1.7%. Retail sales in the EU countries retained the volume of the previous month. Compared with the same month last year, their volume increased by 2.4%. Monthly sales fell most of all in Latvia - by 1.2%, in Poland and France - by 0.7%. The most notable growth rates were noted in Sweden – 1.2%, and in Portugal - 1.1%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong