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.
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)
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 >
More related news >
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 >