Euro zone retail sales fell in August
The retail sales volume fell by 0.3 percent in the euro area in August, compared to the previous month, and is 1 percent below, compared to the same period of last year – announced Eurostat on Wednesday.
The figures of the EU's statistical office are worse than expected. Analysts expected a smaller downturn, a 0.2 percent monthly and a 0.7 percent annual decline.
According to experts; the decline, that is higher than the expectations is due to the substantial 2.9 percent decline, compared to July – reports MTI.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >