Retail sales decreased in the euro area and the EU in February

By: Trademagazin Date: 2024. 04. 05. 11:50

Retail turnover in the euro area and the EU decreased in February, both monthly and year-on-year.

The statistical office of the European Union, Eurostat, announced on Friday that in February, compared to the previous month, retail sales in the euro zone fell by 0.5 percent, more than the 0.3 percent expected by analysts. Meanwhile, in the European Union, a 0.4 percent decrease was recorded in February after a 0.2 percent increase in January.

In one year, the decrease in retail turnover in the euro area was more modest than the 1.3 percent estimated by experts, it was 0.7 percent after the 0.9 percent fall in January, and the 0.6 percent decrease in January in the European Union as a whole slowed to 0.2 percent in February.

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