Eurozone's retail trade rose by 3.7 percent from a year earlier in August 2020, the most since November 2017 and above market expectations of a 2.2 percent growth, as countries across the region continued to relax COVID-19 containment measures. source: Eurostat

Retail Sales YoY in the Euro Area averaged 1.03 percent from 1996 until 2020, reaching an all time high of 6 percent in July of 2000 and a record low of -19.60 percent in April of 2020. This page provides the latest reported value for - Euro Area Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Retail Sales YoY in Euro Area is expected to be -3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Euro Area to stand at 3.80 in 12 months time. In the long-term, the Euro Area Retail Sales YoY is projected to trend around 4.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Euro Area Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
3.70 -0.10 6.00 -19.60 1996 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-06 09:00 AM May -5.1% -19.6% -7.5% -8.6%
2020-08-05 09:00 AM Jun 1.3% -3.1% -0.5% 0.2%
2020-09-03 09:00 AM Jul 0.4% 1.3% 3.5% 3.7%
2020-10-05 09:00 AM Aug 3.7% -0.1% 2.2% 1.8%
2020-11-05 10:00 AM Sep 3.7% 1.9%
2020-12-03 10:00 AM Oct

Euro Area Retail Sales YoY
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).