11/8/2022, 11:00 AM (Source: TeleTrader)
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Euro area retail sales up by 0.4% in September

Retail trade in the euro area grew by 0.4% in September, compared to the month prior, while the same was the case for the entire European Union, Eurostat shared in its report on Tuesday. Year over year, however, the figure fell by 0.6% in the Eurozone and 0.3% in the bloc.

The sales of non-food products in both the Eurozone and the EU increased by 1% month on month, while food, drinks, and tobacco retail trade rose by 0.4% and 0.3% in corresponding regions. On the other hand, the sales of automotive fuels dipped by 0.6% in the euro area and were up by 0.1% in the EU.

Countries marking the highest monthly growth in retail sales were Austria with 3.9%, Malta with 1.7%, and Poland with 1.4%. Conversely, the biggest falls were observed in Slovenia, where they reached negative 3.7%, and Ireland and Portugal, which both recorded negative 2%.

Baha Breaking News (BBN) / AY