• Eurozone retail sales fall more than expected in September

Market news

5 tháng 11 2020

Eurozone retail sales fall more than expected in September

According to the report from Eurostat, in September 2020, the seasonally adjusted volume of retail trade fell by 2.0% in the euro area and by 1.7% in the EU, compared with August 2020. Economists had expected a 1.0% decrease in the euro area. In August 2020, the retail trade volume rose by 4.2% in the euro area and by 3.6% in the EU.

In September 2020 compared with September 2019, the calendar adjusted retail sales index increased by 2.2% in the euro area and by 2.1% in the EU. Economists had expected a 2.8% increase in the euro area.

In the euro area in September 2020, compared with August 2020, the volume of retail trade decreased by 2.6% for non-food products, by 1.4% for food, drinks and tobacco and by 0.2% for automotive fuels. In the EU, the volume of retail trade decreased by 2.1% for non-food products, by 1.1% for food, drinks and tobacco and by 0.5% for automotive fuels.

In the euro area in September 2020, compared with September 2019, the volume of retail trade increased by 2.9% for food, drinks and tobacco and by 2.6% for non-food products, while automotive fuel decreased by 3.8%. In the EU, the retail trade volume increased by 2.9% for non-food products and by 2.4% for food, drinks and tobacco, while automotive fuel decreased by 4.6%.

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