Retail sales in the euro area grew stronger than expected
The European Union’s Statistical Office (Eurostat) reported that the seasonally adjusted retail sales stagnated in the 19-member eurozone, while on an annual basis increased by 1.9 percent.
Analysts expected an annual increase of 1.8 percent in February, after a revised increase from 2.8 percent to 3.0 percent. On a monthly basis analysts expected a 0.1 percent decline after the 0.5 percent increase of the previous month. (MTI)
Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >MNB: Hungary’s competitiveness in the EU ranking has deteriorated
Hungary’s competitiveness fell two places in 2023 compared to the…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >