Eurozone's retail trade rose by 4.4 percent from a month earlier in August 2020, following a revised 1.8 percent drop in July and beating market expectations of a 2.4 percent growth, as countries across the region continued to relax COVID-19 containment measures. Non-food products sales rebounded 6.1 percent (vs -4.6 percent in July) boosted by on-line trade (12.4 percent vs -11.2 percent), and sales of textiles, clothing, footwear (7.7 percent vs -3.8 percent) and pharmaceutical and medical goods (3.2 percent vs -0.5 percent). Food, drinks, tobacco trade grew 2.4 percent after being unchanged in July, while automotive fuel sales advanced 2.1 percent, compared to 8.9 percent in the previous month. Year-on-year, retail sales jumped 3.7 percent, the most since November 2017 and above forecasts of 2.2 percent.

Retail Sales MoM in the Euro Area averaged 0.11 percent from 1995 until 2020, reaching an all time high of 20.30 percent in May of 2020 and a record low of -12.10 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 October of 2020. source: Eurostat

Retail Sales MoM in Euro Area is expected to be -0.70 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 2021 and 0.50 percent in 2022, according to our econometric models.

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Euro Area Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
4.40 -1.80 20.30 -12.10 1995 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-06 09:00 AM May 17.8% -12.1% 15% 14.8%
2020-08-05 09:00 AM Jun 5.7% 20.3% 5.9% 5.9%
2020-09-03 09:00 AM Jul -1.3% 5.3% 1.5% 1.8%
2020-10-05 09:00 AM Aug 4.4% -1.8% 2.4% 2%
2020-11-05 10:00 AM Sep 4.4% -2%
2020-12-03 10:00 AM Oct


News Stream
Eurozone Retail Sales Easily Beat Forecasts
Eurozone's retail trade rose by 4.4 percent from a month earlier in August 2020, following a revised 1.8 percent drop in July and beating market expectations of a 2.4 percent growth, as countries across the region continued to relax COVID-19 containment measures. Non-food products sales rebounded 6.1 percent (vs -4.6 percent in July) boosted by on-line trade (12.4 percent vs -11.2 percent), and sales of textiles, clothing, footwear (7.7 percent vs -3.8 percent) and pharmaceutical and medical goods (3.2 percent vs -0.5 percent). Food, drinks, tobacco trade grew 2.4 percent after being unchanged in July, while automotive fuel sales advanced 2.1 percent, compared to 8.9 percent in the previous month. Year-on-year, retail sales jumped 3.7 percent, the most since November 2017 and above forecasts of 2.2 percent.
2020-10-05
Eurozone Retail Sales Fall Unexpectedly in July
Eurozone's retail trade fell by 1.3 percent from a month earlier in July 2020, following a downwardly revised 5.3 percent increase in June and compared to market expectations of a 1.5 percent growth. Countries across the region continued to relax COVID-19 containment measures, while a resurgence in the number of infections weighed on demand. Non-food products sales dropped 2.9 percent (vs 11.8 percent in June) due to lower trade of textiles, clothing, footwear (-10.6 percent vs 34.9 percent), computer equipment, books and other (-6.7 percent vs 16.6 percent), pharmaceutical and medical goods (-1.7 percent vs 5.2 percent) and electrical goods and furniture (-1.6 percent vs 10.6 percent). On-line trade also contracted by 7.7 percent, after a 6.4 percent decline in June. Meanwhile, food, drinks, tobacco sales were unchanged (vs -3.2 percent in June), while fuel trade rose 4.3 percent (vs 19.3 percent in June).
2020-09-03
Eurozone Retail Sales Back to Pre-Pandemic Levels
Eurozone's retail trade rose by a 5.7 percent from a month earlier in June 2020, following an upwardly revised 20.3 percent jump in May and compared to market expectations of a 5.9 percent growth. The two consecutive increases in sales fully offset the record declines in March and April as the economy recovers from the coronavirus hit. Non-food products trade jumped 12.1 percent (vs 38.7 percent in May), boosted by textiles, clothing, footwear; computer equipment, books and other; and pharmaceutical and medical goods. At the same time, on-line sales tumbled following four consecutive months of strong growth, while electrical goods and furniture trade was unchanged. Sales of automotive fuel increased by 20.4 percent (vs 38.0 percent in May), while food, drinks, tobacco trade declined by 2.7 percent (vs 2.5 percent in May).
2020-08-05
Eurozone Retail Sales Rebound at Record Pace
Eurozone's retail trade rose by a record 17.8 percent from a month earlier in May 2020, recovering from two consecutive months of record falls and compared to market expectations of a 15 percent jump, as several countries across the region lifted coronavirus-induced lockdown measures. Sales were higher for non-food products (34.5 percent vs -16.7 percent in April), led by textiles, clothing, footwear; electrical goods and furniture; computer equipment, books and other; mail orders and internet; and pharmaceutical and medical goods. In addition, food, drinks, tobacco trade advanced by 2.2 percent (vs -5.9 percent in April) and automotive fuel sales climbed 38.4 percent (vs -28.8 percent in April).
2020-07-06

Euro Area Retail Sales MoM
In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).