Eurozone retail sales rose strongly by 1.1% mom 2.6% yoy in June, well above expectation of 0.2% mom, 1.3% yoy. EU28 retail sales grew 1.2% mom, 2.8% yoy.
Looking at the sectors, in Eurozone, volume of retail trade increased by 1.6% for automotive fuel, by 1.2% for food, drinks and tobacco, and by 1.1% for non-food products.
Among members states for EU28, total retail trade volume were registered in Croatia (+6.8%), Germany (+3.5%) and Poland (+2.8%). The largest decreases were observed in Portugal (-0.9%), Ireland (-0.8%) and Slovenia (-0.5%).
Also released, Eurozone PPI came in at -0.6% mom, 0.7% yoy, below expectation of -0.4% mom, 0.8% yoy.
