Eurozone's retail trade rose 2.0 percent from a month earlier in December 2020, following a revised 5.7 percent fall in November and beating market expectations of a 1.6 percent rebound. Non-food products sales advanced 1.5 percent, partially recovering from a 7.7 percent slump in the previous month, boosted by a rebound in sales of textiles, clothing, footwear (12.4 percent vs -30.5 percent). Still, trade dropped for electrical goods and furniture (-7.0 percent vs -5.7 percent), computer equipment, books and other (-1.4 percent vs -11.4 percent), and pharmaceutical and medical goods (-2.9 percent vs -1.5 percent). On-line trade was also down (-2.7 percent vs 3.2 percent). Elsewhere, food, drinks, tobacco trade grew 1.9 percent (vs -2.2 percent in November) and fuel sales advanced 5.1 percent (vs -10.2 percent in November). source: EUROSTAT
Retail Sales MoM in the Euro Area averaged 0.10 percent from 1995 until 2020, reaching an all time high of 20.30 percent in May of 2020 and a record low of -11.80 percent in April of 2020. This page provides the latest reported value for - Euro Area Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Retail Sales MoM in Euro Area is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Euro Area to stand at 0.60 in 12 months time. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.