HomeLive CommentsEurozone retail sales rose 1.0% mom, well above expectation

Eurozone retail sales rose 1.0% mom, well above expectation

Eurozone retail sales rose 1.0% mom in November, much better than expectation of 0.6% mom. The volume of retail trade increased by 1.4% for non-food products and by 0.7% for food, drinks and tobacco, while automotive fuels decreased by 1.0%.

EU28 retail sales rose 0.6% mom. Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Poland (+3.3%), Belgium (+2.7%) and Latvia (+2.6%). The largest decreases were observed in the United Kingdom (-1.7%), Ireland (-0.9%) and Finland (-0.5%).

Full release here.

Featured Analysis

Learn Forex Trading