Retail sales in the euro area decreased in June
In both monthly and annual comparisons, retail sales in the euro area decreased in June.
According to data published on Tuesday by Eurostat, the statistical office of the European Union, retail sales in the euro area in June fell by 0.3 percent, more than the 0.1 percent expected by analysts, and in the European Union it shrank by 0.1 percent compared to May, when in the euro area and in the EU both registered a 0.1 percent monthly traffic increase.
Compared to the previous month in the European Union, in June the retail turnover of food, beverages and tobacco products shrank by 1.0 percent, with the exception of fuel, that of non-food products stagnated, and that of fuel expanded by 0.6 percent on a monthly basis.
In a year-on-year comparison, retail sales in the euro area fell by 0.3 percent in June, following a 0.5 percent increase in May, compared to the 0.2 percent increase expected by analysts.
Related news
KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >In the second quarter, GDP grew by 0.3 percent in the euro area and in the EU on a quarterly basis
In the second quarter of this year, with a seasonal…
Read more >In the OECD, the real income of the population increased by 0.9 percent in the first quarter
In the countries of the Organization for Economic Co-operation and…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >