Unfavorable turn in european retail
According to Eurostat’s datas; an unexpected turn has occured in the euro area retail trade, because sales in November dropped by 1.2 percent, after the 0.2 percent increase of the previous month.
The analysts expected stagnation. The current data do not favor the expectations, that private consumption could help the region's economic recovery. Throughout the whole European Union, retail sales in November decreased by 0.8 percent, after the 0.5 percent increase of the previous month. A 2.1 percent decrease occured on annual level – reports Profitline.hu.
Related news
Related news
KSH: retail turnover in August exceeded the same period of the previous year by 2.4 percent and the previous month by 0.8 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: purchasing power is increasing, retail trade is expanding – family tax cuts and food vouchers for pensioners are further strengthening turnover
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: There is still room for expansion in Hungarian stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >