Retail sales increased in the euro area
In the euro area, the volume of retail trade turnover increased by 1 percent in November, compared to the previous month and was 7.8 percent higher than in November 2020, according to the European Union’s statistical office, Eurostat.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2021/09/euro-ok.jpg)
Growth in euro area retail sales exceeds expectations
Experts expected a 0.5 percent drop in retail sales on a monthly basis and a more modest 5.6 percent increase on an annual basis.
In the 27 member states of the European Union, retail sales grew by 0.9 percent month-on-month and 7.9 percent year-on-year in November. (MTI)
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