Eurozone's retail trade increased 1.0 percent from a month earlier in November of 2019, rebounding from a downwardly revised 0.3 percent decline in October and beating market expectations of a 0.6 percent gain. Non-food trade rebounded 1.4 percent (vs -0.7 percent in October), particularly textiles, clothing & footwear (1.4 percent vs -0.8 percent); electrical goods & furniture (1.3 percent vs -0.5 percent); computer equipment & books (0.9 percent vs -0.2 percent); pharmaceutical and medical goods (0.6 percent vs -0.2 percent) and mail orders & internet (2.7 percent vs -3.1 percent). Additionally, food, drinks & tobacco sales advanced faster (0.7 percent vs 0.4 percent). On the other hand, fuel sales dropped (-1.0 percent vs 0.4 percent). On a yearly basis, retail trade growth accelerated to 2.2 percent in November from a revised 1.7 percent in the previous month.

Retail Sales MoM in the Euro Area averaged 0.10 percent from 1995 until 2019, reaching an all time high of 2.80 percent in October of 1999 and a record low of -2 percent in May of 2011. 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. source: Eurostat

Retail Sales MoM in Euro Area is expected to be 0.40 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 0.40 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.

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Euro Area Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
1.00 -0.30 2.80 -2.00 1995 - 2019 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-03 09:00 AM Aug 0.3% -0.5% 0.3% 0.5%
2019-11-06 10:00 AM Sep 0.1% 0.6% 0.1% 0.2%
2019-12-05 10:00 AM Oct -0.6% -0.2% -0.3% -0.1%
2020-01-07 10:00 AM Nov 1% -0.3% 0.6% 0.7%
2020-02-05 10:00 AM Dec 1% 0.6% -0.4%


News Stream
2019-12-05
Euro Area Retail Sales Fall the Most in 10 Months
Eurozone’s retail sales decreased 0.6 percent from a month earlier in October 2019, following a revised 0.2 percent decline in September and compared with market expectations of a 0.3 percent fall. It was the sharpest fall in retail sales since December 2018, as sales dropped for non-food products (-1.1 percent vs 0.1 percent in September), particularly textiles, clothing, footwear (-0.8 percent vs -0.3 percent); electrical goods and furniture (-0.5 percent vs -0.4 percent); computer equipment, books and other (-0.2 percent vs -0.6 percent); pharmaceutical and medical goods (-0.9 percent vs 0.4 percent) and mail orders and internet (-2.5 percent vs -0.2 percent). On the other hand, sales rebounded for both food, drinks, tobacco (0.3 percent vs -0.8 percent) and automotive fuel (0.6 percent vs -0.3 percent). Year-on-year, retail trade growth slowed to a five-month low of 1.4 percent from 2.7 percent in September and well below market consensus of 2.2 percent.

2019-11-06
Eurozone Retail Trade Growth Slows in September
Eurozone's retail sales edged up 0.1 percent from a month earlier in September 2019, easing from a 0.6 percent growth in August and matching market expectations. Non-food trade growth slowed to 0.1 percent from 0.7 percent, as sales rose at softer pace for pharmaceutical and medical goods (0.6 percent vs 1.4 percent) and mail orders and internet (0.2 percent vs 0.9 percent). In addition, there were declines in sales of computer equipment, books and other (-1 percent vs 1 percent), textiles, clothing, footwear (-0.6 percent vs 1.3 percent) and electrical goods and furniture (-0.2 percent vs 0.9 percent). Meanwhile, food, drinks, tobacco trade were down 0.4 percent (vs 0.5 percent in August) while fuel sales advanced 0.4 percent (vs flat reading in August).

2019-10-03
Eurozone Retail Sales Rebound in August
Eurozone's retail sales rose 0.3 percent from a month earlier in August 2019, following a revised 0.5 percent drop in July and matching market expectations. Non-food trade rebounded 0.4 percent (vs -0.7 percent in July), boosted by sales of pharmaceutical and medical goods (1.6 percent vs -0.9 percent); computer equipment, books and other (0.8 percent vs -0.1 percent); textiles, clothing, footwear (0.7 percent vs -3.5 percent); electrical goods and furniture (0.7 percent vs -0.6 percent); and mail orders and internet (0.3 percent vs 0.5 percent). Meanwhile, fuel sales rose just 0.1 (vs -0.1 percent in July), while food, drinks, tobacco trade was unchanged (vs -0.7 percent in July).

2019-09-04
Eurozone Retail Sales Fall the Most in 7 Months
Eurozone's retail sales dropped 0.6 percent from a month earlier in July 2019, following an upwardly revised 1.2 percent growth in June and matching market expectations. That was the largest monthly fall in retail trade since December, led by a sharp decline in non-food sales (-1 percent vs 1.1 percent). Within non-food, sales were down for: textiles, clothing, footwear (-3.2 percent vs 4.5 percent); mail orders and internet (-1.5 percent vs 1.3 percent); electrical goods and furniture (-1 percent vs 0.7 percent); and pharmaceutical and medical goods (-1 percent vs -0.3 percent). In addition, food, drinks, tobacco trade dropped 0.3 percent (vs 1.3 percent in June) while fuel sales were flat (vs 1.8 percent in June). Year-on-year, retail trade growth eased to 2.2 percent from 2.8 percent in June, still beating market consensus of 2 percent.


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).