BRUSSELS, Feb 6 (Reuters) – Euro zone retail sales fell roughly in line with expectations in December, underlining the weakness in consumer demand at the end of the year amid high inflation, data from the European Union’s statistics office Eurostat showed.
Eurostat said retail sales in the 19 countries sharing the euro in December fell 2.7% month-on-month for a 2.8% year-on-year decline. Economists polled by Reuters had expected retail sales to fall 2.5% on the month and 2.7% year-on-year.
Volume of retail trade
% change compared with the previous month (calendar and seasonally adjusted)
Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Euro area Total retail trade -0.2 0.0 0.8 -1.5 1.2 -2.7 Food, drinks, tobacco 0.0 -0.7 0.5 -1.2 -0.5 -2.9 Non-food products (except automotive fuel), of which: -0.2 0.2 1.3 -1.8 2.0 -2.6 Mail orders and internet 4.1 -4.3 3.0 -1.4 -0.3 -2.3 Automotive fuel in specialised stores 1.0 1.9 -0.9 0.0 0.5 2.3
Volume of retail trade
% change compared with the same month of the previous year (calendar adjusted)
Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Euro area Total retail trade -0.7 -1.3 0.1 -2.6 -2.5 -2.8 Food, drinks, tobacco -1.7 -1.3 -2.0 -3.9 -4.6 -6.9 Non-food products (except automotive fuel), of which: -0.9 -2.2 0.8 -2.4 -2.0 -0.6 Mail orders and internet 2.1 -5.5 -1.6 -5.1 -7.1 -5.5 Automotive fuel in specialised stores 2.1 4.8 3.7 2.2 3.9 6.0
For Eurostat release, click on:
https://ec.europa.eu/eurostat/web/main/news/euro-indicators
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