Retail sales in the euro area grew less than expected in January on a monthly and annual basis

By: Trademagazin editor Date: 2022. 03. 04. 11:10

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In the euro area, retail sales rose less than analysts expected in January on a monthly and annual basis.

Euro area retail did not start the year well

The European Union’s statistical office, Eurostat, said on Friday that retail sales rose 0.2 percent month-on-month in January, after falling 2.7 percent in December. Experts expected a significantly larger increase in sales of 1.5 percent per month in January. (MTI)