Eurozone retail sales rose 3.0% mom in February, well above expectation of 1.4% mom. Volume of retail trade increased by 6.8% mom for non-food products and by 3.7% mom for automotive fuels, while it decreased by -1.1% mom for food, drinks and tobacco.
EU retail sales rose 2.9% mom. Among Member States for which data are available, the highest increases in total retail trade were registered in Austria (+28.2%), Slovenia (+16.4%) and Italy (+8.4%). The largest decreases were observed in Malta (-1.5%), France and Hungary (both -1.2%).
