HomeLive CommentsEurozone retail sales dropped -0.6% in Oct, worse than expectations

Eurozone retail sales dropped -0.6% in Oct, worse than expectations

Eurozone retail sales dropped -0.6% mom in October, worse than expectation of -0.4% mom. Volume of retail trade decreased by -1.1% mom for non-food products, while food, drinks and tobacco increased by 0.3% mom and automotive fuels by 0.6% mom.

EU28 retail sales dropped -0.4% mom. Among Member States for which data are available, the largest decreases in the total retail trade volume were registered in Germany and Ireland (both -1.9%) and Finland (-1.2%). The highest increases were observed in Portugal (2.1%), Poland (0.9%), Belgium and Romania (both 0.8%).

Full release here.

Featured Analysis

Learn Forex Trading