• Eurozone retail sales rose less than forecast in August

Market news

6 tháng 10 2021

Eurozone retail sales rose less than forecast in August

According to the report from Eurostat, in August 2021, the seasonally adjusted volume of retail trade rose by 0.3% in both the euro area and in the EU, compared with July 2021. Economists had expected a 0.8% increase in the euro area. In July 2021, the retail trade volume decreased by 2.6% in the euro area and by 2.1% in the EU.

In August 2021 compared with August 2020, the calendar adjusted volume of retail trade remained stable in the euro area and increased by 1.1% in the EU. Economists had expected a 0.4% increase in the euro area.

In the euro area in August 2021, compared with July 2021, the volume of retail trade increased by 1.8% for nonfood products, while it fell by 0.1% for automotive fuels and by 1.7% for food, drinks and tobacco. In the EU, the volume of retail trade increased by 1.8% for non-food products, while it fell by 0.3% for automotive fuels and by 1.5% for food, drinks and tobacco.

In the euro area in August 2021, compared with August 2020, the volume of retail trade increased by 1.3% for nonfood products and by 1.2% for automotive fuels, while it fell by 1.9% for food, drinks and tobacco. In the EU, the volume of retail trade increased by 3.0% for non-food products and by 2.1% for automotive fuels, while it fell by 1.5% for food, drinks and tobacco.

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