Retail sales in the Euro Area sank 1.2% month-over-month in June of 2022, the biggest decline so far this year and much worse than market forecasts of a flat reading. It follows a small 0.4% rise in May, as high consumer prices, borrowing costs and low confidence weigh on consumer spending. Retail sales data for the Euro Area is already adjusted for inflation. Sales fell for both food, drinks and tobacco (-0.4%, a third consecutive monthly drop) and non-food (-2.6%, also a third straight fall), with auto fuel declining 1.1%. Year-on-year, retail sales dropped 3.7%, much more than market forecasts of a 1.7% fall. source: EUROSTAT

Retail Sales MoM in the Euro Area averaged 0.11 percent from 1995 until 2022, reaching an all time high of 19.50 percent in May of 2020 and a record low of -11.40 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 August of 2022.

Retail Sales MoM in Euro Area is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.60 percent in 2023 and 0.50 percent in 2024, according to our econometric models.

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Euro Area Retail Sales MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-07-06 09:00 AM May 0.2% -1.4% 0.4% -0.5%
2022-08-03 09:00 AM Jun -1.2% 0.4% 0% -0.1%
2022-09-05 09:00 AM Jul -1.2%


Related Last Previous Unit Reference
Retail Sales MoM -1.20 0.40 percent Jun 2022
Retail Sales YoY -3.70 0.40 percent Jun 2022
Consumer Spending 1491.57 1501.62 EUR Billion Mar 2022
Disposable Personal Income 1946433.00 1875766.00 EUR Million Mar 2022
Personal Savings 14.98 13.34 percent Mar 2022
Households Debt To Income 96.79 96.19 percent Dec 2021

Euro Area Retail Sales MoM
In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-1.20 0.40 19.50 -11.40 1995 - 2022 percent Monthly
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News Stream
Euro Area Retail Sales Sink 1.2%
Retail sales in the Euro Area sank 1.2% month-over-month in June of 2022, the biggest decline so far this year and much worse than market forecasts of a flat reading. It follows a small 0.4% rise in May, as high consumer prices, borrowing costs and low confidence weigh on consumer spending. Retail sales data for the Euro Area is already adjusted for inflation. Sales fell for both food, drinks and tobacco (-0.4%, a third consecutive monthly drop) and non-food (-2.6%, also a third straight fall), with auto fuel declining 1.1%. Year-on-year, retail sales dropped 3.7%, much more than market forecasts of a 1.7% fall.
2022-08-03
Euro Area Retail Sales Subdued as Prices Weigh
Retail sales in the Euro Area edged 0.2% higher in May over April 2022, rebounding from a 1.4% drop in the previous period, but missing market forecasts of a 0.4% rise. Sales of food, drinks and tobacco dropped 0.3%, after a 2.3% slump in April, as rising consumer prices weigh on consumers' affordability. Sales of auto fuel and online shopping also fell by 0.2% each. On the other hand, sales of non-food products increased 1.2%, reversing a 1.2% fall in April. Year-on-year, retail sales also increased 0.2%.
2022-07-06
Euro Area Retail Sales Unexpectedly Drop in April
Retail sales in the Euro Area decreased 1.3% month-over-month in April of 2022, the first decline so far this year and compared to market forecasts of a 0.3% rise. Sales of food, drinks and tobacco dropped 2.6%, in a sign rising prices started to weigh on consumers' affordability. Sales of non-food products also declined (-0.7%) but spending on auto fuel increased 1.9%. Among the bloc's largest economies, the biggest decreases was seen in Germany (-5.4%). Year-on-year, retail sales in the Eurozone rose 3.9%.
2022-06-03