• Eurozone retail sales rose more than expected in February.

Market news

12 April 2021

Eurozone retail sales rose more than expected in February.

According to estimates from Eurostat, in February 2021, the seasonally adjusted volume of retail trade rose by 3.0% in the euro area and by 2.9% in the EU, compared with January 2021. Economists had expected a 1.5% increase. In January 2021, the retail trade volume fell by 5.2% in the euro area and by 4.6% in the EU.

In February 2021 compared with February 2020, the calendar adjusted volume of retail trade decreased by 2.9% in the euro area and by 2.2% in the EU. Economists had expected a 5.4% decrease.

In the euro area in February 2021, compared with January 2021, the volume of retail trade increased by 6.8% for non-food products and by 3.7% for automotive fuels, while it decreased by 1.1% for food, drinks and tobacco. In the EU the volume of retail trade increased by 6.2% for non-food products and by 2.4% for automotive fuels, while it decreased by 0.8% for food, drinks and tobacco.

In the euro area in February 2021, compared with February 2020, the volume of retail trade decreased by 13.0% for automotive fuels and by 5.5% for non-food products (within this category mail orders and internet increased by 37.3%), while it increased by 1.9% for food, drinks and tobacco. In the EU, the volume of retail trade decreased by 11.9% for automotive fuels and by 4.0% for non-food products (mail orders and internet increased by 37.9%), while it increased by 1.8% for food, drinks and tobacco.

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