Eurozone's retail sales rose 2.7 percent from a month earlier in March 2021, easing from an upwardly revised 4.2 percent jump in February and beating market expectations of 1.5 percent growth. Sales of non-food products advanced 4.6 percent (vs 8.3 percent in February), with on-line trade growing by 1.4 percent (vs 2.7 percent in February). In addition, food, drinks, tobacco trade rebounded 1.0 percent (vs -0.5 percent in February), while fuel sales dropped 2.9 percent (vs 4.6 percent in February) as many countries in Europe imposed or extended restrictive measures to contain the spread of coronavirus. On a yearly basis, retail sales jumped 12 percent, also above market consensus of 9.6 percent. source: EUROSTAT
Retail Sales MoM in the Euro Area averaged 0.11 percent from 1995 until 2021, reaching an all time high of 20 percent in May of 2020 and a record low of -11.80 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 May of 2021.
Retail Sales MoM in Euro Area is expected to be 0.90 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 1.20 in 12 months time. In the long-term, the Euro Area Retail Sales MoM is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.