Euro Area Retail Sales Mom

Last Release

Oct 31, 2024

Actual

-0.5

Units In

0.5

Frequency

Monthly

Next Release

Jan 09, 2025

Time to Release

1 Months 2 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
19 May 2020	-11.5 Apr 2020	0.07 %	1995-2024	Eurostat

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).

Latest Updates

Retail sales in the Euro Area declined 0.5% month-over-month in October 2024, reversing a 0.5% rise in September and worse than forecasts of a 0.3% fall. Sales declined mostly for non-food products (-0.9% vs 1.3%) and auto fuel (-0.3% vs -0.6%) while sales of food, drinks and tobacco rebounded (0.1% vs -0.7%). Among the largest economies, retail sales shrank 1.4% in Germany and flattened in France and Spain. Year-on-year, retail sales in the Eurozone increased 1.9%, following an upwardly revised 3% rise in September and slightly above forecasts of 1.7%.