Retail sales in the Euro Area went down 0.3 percent from a month earlier in June 2023, after a revised 0.6 percent rise in May, missing market expectations of a 0.2 percent increase. Sales fell for food, drinks, tobacco (-0.3 percent vs 0.3 percent in May) and non-food products (-0.2 percent vs 0.6 percent). On the other hand, sales rose for automotive fuel (1 percent vs 0.5 percent) and by mail orders and internet (1.1 percent vs -1 percent). On a yearly basis, retail trade dropped 1.4 percent, following a 2.4 percent decline in May. source: EUROSTAT

Retail Sales MoM in Euro Area averaged 0.10 percent from 1995 until 2023, reaching an all time high of 19.20 percent in May of 2020 and a record low of -11.20 percent in April of 2020. This page provides the latest reported value for - Euro Area Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Retail Sales MoM in Euro Area is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.30 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Euro Area Retail Sales MoM



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-06 09:00 AM May 0% 0% 0.2% 0.3%
2023-08-04 09:00 AM Jun -0.3% 0.6% 0.2% 0.4%
2023-09-06 09:00 AM Jul -0.3%


Related Last Previous Unit Reference
Retail Sales MoM -0.30 0.60 percent Jun 2023
Retail Sales YoY -1.40 -2.40 percent Jun 2023
Consumer Spending 1526.16 1530.89 EUR Billion Mar 2023
Disposable Personal Income 2142391.00 2100843.00 EUR Million Mar 2023
Personal Savings 14.15 14.03 percent Mar 2023
Households Debt to Income 93.09 96.79 percent Dec 2022

Euro Area Retail Sales MoM
In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.60 19.20 -11.20 1995 - 2023 percent Monthly
Constant Prices, SA

News Stream
Euro Area Retail Sales Unexpectedly Fall
Retail sales in the Euro Area went down 0.3 percent from a month earlier in June 2023, after a revised 0.6 percent rise in May, missing market expectations of a 0.2 percent increase. Sales fell for food, drinks, tobacco (-0.3 percent vs 0.3 percent in May) and non-food products (-0.2 percent vs 0.6 percent). On the other hand, sales rose for automotive fuel (1 percent vs 0.5 percent) and by mail orders and internet (1.1 percent vs -1 percent). On a yearly basis, retail trade dropped 1.4 percent, following a 2.4 percent decline in May.
2023-08-04
Eurozone Retail Sales Unchanged for 2nd Month
Retail sales in the Euro Area remained unchanged for the second consecutive month in May 2023, following declines in both February and March and missing market expectations of a 0.2 percent increase. This stagnation can be attributed to households facing squeezed income due to persistently high inflation and increasing borrowing costs. Sales of food, drinks and tobacco declined for a fourth consecutive month (-0.5 percent vs -0.3 percent in April) and those of automotive fuel were down for a second month in a row (-0.3 percent vs -2.4 percent). Meanwhile, spending on non-food items edged up 0.1 percent (vs 0.3 percent in April), despite a decline in on-line trade (-0.9 percent vs 1.8 percent). On a yearly basis, retail trade dropped 2.9 percent in May, an eighth consecutive month of contraction.
2023-07-06
Eurozone Retail Sales Unexpectedly Flat
Retail sales in the Euro Area remained unchanged in April 2023, following a revised 0.4 percent decline in March and falling short of market expectations of a 0.2 percent growth. Non-food trade rose by 0.5 percent, helped by a notable 2.7 percent increase in online trade. However, declines were reported for both food, drinks, and tobacco sales (-0.5 percent) and fuel trade (-2.3 percent). Comparing the data on a yearly basis, retail sales dropped 2.6 percent, marking the seventh consecutive month of contraction.
2023-06-06