Eurozone Retail Sales Fall 0.7% In September
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10 Articles
Eurozone Retail Sales Fall 0.7% In September
Eurozone retail trade volume decreased in September after rebounding in the previous month. Retail sales dropped 0.7 percent on a monthly basis in September, reversing August's 0.4 percent increase. Sales of non-food products dropped 1.2 percent, and those of food, drinks, and tobacco were 0.3 percent lower. Meanwhile, automotive fuel in specialized stores increased 1.0 percent.
Monthly decline exceeds expectations of 0.1% drop, while EU retail trade falls 0.6%
Retail sales volume in the euro area fell by 0.7 percent in September, seasonally adjusted, compared with the previous month.
(Teleborsa) - Eurozone retail sales decline beyond expectations in September. According to Eurostat, on a monthly basis, sales decreased by 0.7% compared to -0.1% estimated by consensus.
The volume of retail trade fell by 0.6% in the European Union and by 0.7% in the euro area in September compared to the previous month, when an advance of 0.4% was recorded in both areas, according to data published by the European Statistical Office (Eurostat) on Friday.
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