Retail sales in the euro area fell with a record high in April
Retail sales in the euro area declined less than expected, but still at record levels, in April, when virtually all commodity sales fell as a result of severe restrictions due to the coronavirus pandemic.
The European Union’s statistical office (Eurostat) said on Thursday that seasonally adjusted data showed a 11.7 percent drop in retail sales in the 19-member eurozone and a 19.6 percent year-on-year decline in retail sales. Analysts expected even worse numbers, down 15.0 percent and 22.3 percent, respectively. (MTI)
Related news
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
Consumption could recover in 2025
At the end of August the Equilibrium Institute published its…
Read more >
The producer price of garlic is more than 20 percent higher
According to Eurostat data, the yield of garlic was between…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
