Eurozone retail sales rose 4.4% mom in August, well above expectation of 2.4% mom. The volume of retail trade increased by 6.1% for non-food products, by 2.4% for food, drinks and tobacco and by 2.1% for automotive fuels.
EU retail sales rose 3.8% mom. Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Belgium (9.6%), France (6.2%) and Germany (3.1%). The largest decreases were observed in Romania and Slovenia (both -1.6%) and Portugal (-1.4%).
