Eurozone's retail trade slumped 1.6 percent from a month earlier in December 2018, the largest decline since May 2011, following an upwardly revised 0.8 percent growth in November and matching market expectations. Non-food trade fell 2.7 percent (vs 1.5 percent in November) due to lower sales of mail orders and internet (-6.1 percent vs 2.9 percent), textiles, clothing, footwear (-2.9 percent vs 2.8 percent), electrical goods and furniture (-2.1 percent vs 1 percent), computer equipment, books and other (-1.5 percent vs -0.6 percent) and pharmaceutical and medical goods (-1.2 percent vs 0.8 percent). In addition, sales of food, drinks, tobacco dropped 0.3 percent (vs -0.5 percent in November), while those of automotive fuel increased 0.5 percent, the same as in November. On a yearly basis, retail trade growth eased to 0.8 percent in December from 1.8 percent in November. Retail Sales MoM in the Euro Area averaged 0.09 percent from 1995 until 2018, reaching an all time high of 2.80 percent in October of 1999 and a record low of -2.10 percent in May of 2011.

Retail Sales MoM in Euro Area is expected to be 0.50 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 0.30 in 12 months time. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.

Euro Area Retail Sales MoM
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-07 10:00 AM Retail Sales MoM 0% 0.3% 0.1% 0.3%
2018-12-05 10:00 AM Retail Sales MoM 0.3% -0.5% 0.2% 0.2%
2019-01-07 10:00 AM Retail Sales MoM 0.6% 0.6% 0.1% 0.2%
2019-02-05 10:00 AM Retail Sales MoM -1.6% 0.8% -1.6% -0.3%
2019-03-05 10:00 AM Retail Sales MoM -1.6%
2019-04-05 09:00 AM Retail Sales MoM
2019-05-06 09:00 AM Retail Sales MoM 0.5%


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.40 -7.90 -1.90 -24.40 Index Points [+]
Retail Sales MoM -1.60 0.80 2.80 -2.10 percent [+]
Retail Sales YoY 0.80 1.80 6.00 -4.60 percent [+]
Consumer Spending 1420.77 1419.35 1420.77 1045.03 EUR Billion [+]
Disposable Personal Income 1769770.00 1755428.00 1769770.00 1068215.00 EUR Million [+]
Personal Savings 12.30 12.08 14.32 11.76 percent [+]
Private Sector Credit 13372817.30 13432854.40 13432854.40 4998832.00 EUR Million [+]
Bank Lending Rate 1.97 2.02 6.52 1.97 percent [+]
Consumer Credit 686014.58 685507.74 686014.58 359891.93 EUR Million [+]
Economic Optimism Index 106.20 107.40 118.10 68.30 [+]
Households Debt To GDP 57.70 57.80 64.10 46.30 percent of GDP [+]
Households Debt To Income 94.00 94.23 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 15.50 18.70 50.60 -16.30 Index Points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]


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). 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 0.80 2.80 -2.10 1995 - 2018 percent Monthly
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