Eurozone retail sales volume climbed 0.3 percent month-on-month in March, offsetting February's 0.2 percent drop, Eurostat said Friday. Economists were expecting sales to remain flat in March.
Meanwhile, sales were down 0.2 percent on a yearly basis. The rate of decline slowed from the 2.1 percent drop seen in February. Also, March's drop was smaller than the 1.1 percent fall forecast by economists.
Food sales remained flat from a month ago, following 0.6 percent rise in February. On the other hand, non-food product sales edged up 0.1 percent, reversing a 0.3 percent decrease in the prior month.
In the EU27, the volume of retail trade increased 0.7 percent from a month ago, taking the annual growth to 1 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.