Eurozone's retail trade tumbled 9.2 percent from a year earlier in March 2020, the largest decline since comparable series began in 1996 and compared to market expectations of an 8.0 percent plunge, as the coronavirus crisis deepened.
Retail Sales YoY in the Euro Area averaged 1.11 percent from 1996 until 2020, reaching an all time high of 6 percent in July of 2000 and a record low of -9.20 percent in March 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 May of 2020. source: Eurostat
Retail Sales YoY in Euro Area is expected to be -2.90 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 1.00 in 12 months time. In the long-term, the Euro Area Retail Sales YoY is projected to trend around 1.00 percent in 2021 and 1.80 percent in 2022, according to our econometric models.