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%. source: EUROSTAT
Retail Sales MoM in the Euro Area averaged 0.11 percent from 1995 until 2022, reaching an all time high of 19.60 percent in May of 2020 and a record low of -11.50 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 July of 2022.
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. 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.