Eurozone retail sales dropped -0.4% mom in April, slightly better than expectation of -0.5% mom. Volume of retail trade decreased by 0.4% for food, drinks and tobacco and for non-food products, while automotive fuel increased by 0.1%. EU28 retail sales dropped -0.3% mom. In EU, volume decreased by 0.4% for non-food products and by 0.2% for food, drinks and tobacco and for automotive fuel.
Among Member States for which data are available, the largest decreases in the total retail trade volume were registered in Germany (-2.0%), Portugal (-1.0%) and Croatia (-0.9%). The highest increases were observed in Sweden (+2.4%), Slovenia (+2.0%) and Malta (+1.7%).
Eurozone PPI came in at -0.3% mom, 2.6% yoy in April, below expectation of 0.2% mom, 3.1% yoy. EU 28 PPI was at -0.1% mom, 2.9% yoy.
The largest monthly decreases in industrial producer prices were recorded in Belgium (-1.7%), Italy (-1.5%) and Sweden (-0.8%), while the highest increases were observed in Denmark and Greece (both +1.2%), and Hungary (+0.9%).
Annually, the highest increases in industrial producer prices were recorded in Romania (+6.7%), Hungary (+6.5%) and Latvia (+5.6%), while there were no decreases observed.
