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Eurozone retail sales drop slightly in January

Staff Writer | March 5, 2018
Eurozone retail sales dropped marginally in January, as expected, figures from Eurostat revealed.
Eurozone retail sales
Europe   Sale of food, drinks and tobacco decreased 0.2%
The volume of retail trade fell slightly by 0.1% month-on-month in January, following December's 1% decrease. The rate came in line with expectations.

Sale of food, drinks and tobacco decreased 0.2% and non-food products sales fell 0.3%.

On a yearly basis, retail trade growth accelerated to 2.3% from 2.1% in December. Sales were forecast to climb 2%.

In the EU28, retail sales decreased 0.1% on month in January but grew 2.7% from the previous year.


 

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