Retail trade in the euro area declined in July
In July, the retail turnover of the euro area declined more than expected in comparison with the previous month, according to a statement published by the European Union’s statistical office Eurostat on Tuesday.
Compared to the previous month, retail sales in the 19 member states of the euro area decreased by 0.3 percent in July this year, and by 0.2 percent in the 28 EU member states.
Last month retail sales in the euro area increased by 0.6 percent and by 0.5 percent in the European Union compared to May’s retail trade.
On a yearly basis, compared to July 2016, retail sales grew 2.6 percent in the euro area this year, and 2.7 percent in the EU. (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 >Inflation moderated in the euro zone and the EU in February
In February, inflation of 2.6 percent, which was lower than…
Read more >In January, industrial production in the Eurozone fell by the largest rate in ten months
Industrial production in the Eurozone and the EU fell more…
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 >