Latest data released by Eurostat - 3 December 2021
- Prior -0.3%; revised to -0.4%
- Retail sales +1.4% vs +1.2% y/y expected
- Prior +2.5%; revised to +2.6%
The headline meets estimate as the slight jump owes to consumers spending more on non-food purchases - online in particular - in October. That said, amid soaring energy prices and virus fears, expect consumption to be more cautious going into year-end.
