Eurozone March retail sales -0.4% vs -0.1% m/m expected

  • Latest data released by Eurostat - 4 May 2022
  • Prior +0.3%; revised to +0.4%
  • Retail sales +0.8% vs +1.4% y/y expected
  • Prior +5.0%; revised to +5.2%

Euro area retail sales fell by more than expected in March as price pressures start to bite at consumption activity in the region. Looking at the details, the volume of retail trade decreased by 2.9% on the month for automotive fuels, and by 1.2% for non-food products, while it increased by 0.8% for food, drinks and tobacco.

EU retail 03-2022
investingLive Premium
Telegram Community
Gain Access