Retail Sales in European Union increased 0.50 percent in January of 2020 over the previous month.

Retail Sales Mom in European Union averaged 0.12 percent from 1999 until 2020, reaching an all time high of 2.90 percent in October of 1999 and a record low of -1.90 percent in May of 2011. This page provides - European Union Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Retail Sales MoM - values, historical data and charts - was last updated on July of 2020.

Retail Sales Mom in European Union is expected to be -1.40 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 European Union to stand at 0.90 in 12 months time. In the long-term, the European Union Retail Sales MoM is projected to trend around 0.50 percent in 2021 and 0.60 percent in 2022, according to our econometric models.

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European Union Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.50 -0.60 2.90 -1.90 1999 - 2020 percent Monthly
SA

European Union Consumer Last Previous Highest Lowest Unit
Consumer Spending 2051492.20 2046405.50 2051492.20 1356724.50 EUR Million [+]
Personal Savings 10.51 10.46 13.14 9.72 percent [+]
Retail Sales Mom 0.50 -0.60 2.90 -1.90 percent [+]
Retail Sales Yoy 2.20 2.20 6.10 -4.00 percent [+]
Economic Optimism Index 74.80 66.70 118.30 63.80 [+]
Consumer Confidence -15.60 -19.50 -1.50 -23.00 points [+]
Consumer Confidence Current Conditions -8.50 -10.40 -4.80 -65.90 [+]
Consumer Confidence Economic Expectations -5.00 -6.90 1.40 -39.80 [+]
Consumer Confidence Financial Expectations 0.20 0.50 5.40 -12.60 [+]
Consumer Confidence Major Purchases Expectations -14.60 -15.00 -9.90 -27.20 [+]
Consumer Confidence Price Trends 18.30 18.00 48.80 -11.50 [+]
Consumer Confidence Savings Expectations -0.40 -1.50 2.20 -16.60 [+]
Consumer Confidence Unemployment Expectations 3.50 5.20 67.10 0.80 [+]


European Union Retail Sales MoM
In the European Union, retail sales show the evolution of the total amount of goods sold. Among goods, food, drinks and tobacco account for the highest share (40.1 percent); followed by electrical goods and furniture (11.5 percent share); computer equipment, books and other (11.4 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9 percent share); pharmaceutical and medical goods (8.9 percent share); other non-food products (7.0 percent share) and mail orders and internet (3.0 percent share). Among countries, Germany has the highest weight (19.1 percent), followed by France (15.9 percent); the United Kingdom (14.7 percent) and Italy (11.9 percent). Others include Spain (8.4 percent); Netherlands (3.8 percent); Poland (3.7 percent); Belgium (3.2 percent); Sweden (2.4 percent); Greece (2.2 percent); Austria (2.1 percent); Portugal (1.8 percent); Denmark (1.5 percent); Finland, Ireland and Czech Republic (1.3 percent each); Romania (1.0 percent); Hungary (0.9 percent); Luxembourg and Slovakia (0.6 percent each); Croatia (0.5 percent); Bulgaria and Slovenia (0.4 percent each); Lithuania (0.3 percent); Latvia, Cyprus and Estonia (0.2 percent each) and Malta (0.1 percent).