Euro Area Retail Sales Mom

Last Release

Feb 29, 2024

Actual

-0.5

Units In

0.1

Frequency

Monthly

Next Release

May 07, 2024

Time to Release

30 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
19 May 2020	-11.5 Apr 2020	0.07 %	1995-2024	Eurostat

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).

Latest Updates

Retail sales in the Euro Area declined by 0.5% month-over-month in February 2024 after remaining unchanged in January and slightly exceeding market expectations of a 0.4% drop. Sales of food, drinks, and tobacco decreased by 0.4% after a 0.3% advance the previous month, while non-food product sales declined by 0.2% after a 0.4% growth. Additionally, sales of automotive fuel contracted by 1.4%, the largest decline since last August. On an annual basis, retail sales fell by 0.7%, extending the streak of contraction to the 17th consecutive month.