Eurozone retail sales rose by 0.3 percent from a month earlier in August 2021, trying to recover from a revised 2.6 percent slump in July but missing market expectations of a 0.8 percent growth. Sales of non-food products advanced 1.8 percent (vs -4.2 percent in July), with on-line trade jumping 9.0 percent (-10.4 percent in July). Meanwhile, purchases of food, drinks and tobacco fell for a fifth straight month (-1.7 percent vs -0.5 percent), while fuel sales were down 0.1 percent (0.6 percent in July). On a yearly basis, sales remained unchanged, easing from a 3.1 percent increase in July and missing forecasts of 0.4 percent growth. source: EUROSTAT
Retail Sales MoM in the Euro Area averaged 0.11 percent from 1995 until 2021, reaching an all time high of 19 percent in May of 2020 and a record low of -11.50 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 2021.
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. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.