Retail sales in the euro area declined on a monthly basis
Euro area retail sales decreased month-on-month
The European Union’s statistical office, Eurostat, said on Friday that retail sales fell 2.3 percent in July on a monthly basis. Experts expected a minimal increase of 0.1 percent following the 1.8 percent expansion in June.
On an annual basis, euro area retail growth slowed to 3.1 percent from 5.4 percent in June. On average, there was a less deteriorating figure in expert expectations, an increase of 4.8 percent for July. (MTI)
Related news
KSH: retail turnover exceeded the same period of the previous year by 3.6 percent and the previous month by 1.2 percent
In October, the volume of retail trade turnover exceeded the…
Read more >
NGM: retail turnover grew dynamically again, by 4 percent
According to the latest data from the Central Statistical Office,…
Read more >
Mandatory indication of origin for nuts and dried fruit from 1 January 2025
From the beginning of 2025 it will be compulsory to…
Read more >Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >
In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >
