HomeBlogUncategorizedEurozone June retail sales +0.3% vs +0.4% m/m expected

Eurozone June retail sales +0.3% vs +0.4% m/m expected

Prior -0.7%; revised to -0.3%

The reading is a marginal miss on estimates and even less impressive after the more positive revision to May. Looking at the breakdown, volume of retail trade increased across the board with rises for food, drinks, tobacco (+0.2%), non-food products (+0.6%), and automotive fuel in specialised stores (+0.4%). In any case, all of this is June data so it’s not all too relevant at this stage.

This article was written by Justin Low at investinglive.com.


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