HomeLive CommentsEurozone retail sales rose 4.4% in Aug, EU sales up 3.8%

Eurozone retail sales rose 4.4% in Aug, EU sales up 3.8%

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%).

Full release here.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Learn Forex Trading