Eurozone's retail trade slumped 5.9 percent from a month earlier in January 2021, the steepest decline since last April's record slump and compared with market expectations of a 1.1 percent drop, as a number of member states re-imposed or extended coronavirus lockdown measures. Non-food products sales plunged 12 percent (vs 1.0 percent in December), despite a 7.1 percent increase in on-line trade; while fuel sales were down 1.1 percent (vs 4.7 percent in December). Meanwhile, food, drinks and tobacco trade rose 1.1 percent, compared with a 2.3 percent growth in December. On a yearly basis, retail sales shrank 6.4 percent, also the largest decrease since April. source: EUROSTAT
Retail Sales MoM in the Euro Area averaged 0.08 percent from 1995 until 2021, reaching an all time high of 20.30 percent in May of 2020 and a record low of -11.70 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 March of 2021.
Retail Sales MoM in Euro Area is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Euro Area to stand at 0.60 in 12 months time. 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.