Retail trade in the Euro Area was unchanged from a month earlier in March 2019, following an upwardly revised 0.5 percent growth in February and slightly beating market expectations of a 0.1 percent drop. Increases in sales of food, drinks, tobacco (0.6 percent vs 0.1 percent in February), mail orders and internet (0.5 percent vs 0.9 percent), textiles, clothing, footwear (0.1 percent vs 2.4 percent) and electrical goods and furniture (0.1 percent vs 1.2 percent) were offset by declines in sales of pharmaceutical and medical goods (-1.8 percent vs 0.8 percent), fuel (-0.6 percent vs -0.4 percent) and computer equipment, books and other (-0.5 percent vs 0.8 percent). Year-on-year, retail trade growth eased to 1.9 percent in March from 3 percent in the previous month and slightly above market consensus of 1.8 percent. Retail Sales MoM in the Euro Area averaged 0.09 percent from 1995 until 2019, reaching an all time high of 2.80 percent in October of 1999 and a record low of -2.10 percent in May of 2011.

Retail Sales MoM in Euro Area is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Euro Area to stand at 0.40 in 12 months time. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.

Euro Area Retail Sales MoM
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-05 10:00 AM Retail Sales MoM -1.6% 0.8% -1.6% -0.3%
2019-03-05 10:00 AM Retail Sales MoM 1.3% -1.4% 1.2% 1%
2019-04-03 09:00 AM Retail Sales MoM 0.4% 0.9% 0.2% 0.4%
2019-05-06 09:00 AM Retail Sales MoM 0% 0.5% -0.1% 0.5%
2019-06-05 09:00 AM Retail Sales MoM 0% 0.2%
2019-07-04 09:00 AM Retail Sales MoM
2019-08-02 09:00 AM Retail Sales MoM 0.4%


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.90 -7.20 -1.90 -24.40 Index Points [+]
Retail Sales MoM 0.00 0.50 2.80 -2.10 percent [+]
Retail Sales YoY 1.90 3.00 6.00 -4.60 percent [+]
Consumer Spending 1424.12 1420.70 1424.12 1045.01 EUR Billion [+]
Disposable Personal Income 1787679.00 1769770.00 1787679.00 1068215.00 EUR Million [+]
Personal Savings 12.33 12.30 14.32 11.76 percent [+]
Private Sector Credit 13520393.70 13471492.40 13520393.70 4998832.00 EUR Million [+]
Bank Lending Rate 1.99 1.99 6.52 1.97 percent [+]
Consumer Credit 690270.39 685288.42 690270.39 359891.93 EUR Million [+]
Economic Optimism Index 104.00 105.60 118.10 68.30 [+]
Households Debt To GDP 57.60 57.70 64.10 46.30 percent of GDP [+]
Households Debt To Income 93.49 94.00 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 15.70 17.00 50.60 -16.30 Index Points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]


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). 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 - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.50 2.80 -2.10 1995 - 2019 percent Monthly
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