logo
Plus   Neg
Share
Email

Eurozone Retail Sales Rise Marginally In September

Eurozone retail sales grew only marginally in September largely reflecting weak food sales, data from Eurostat showed Wednesday.

Retail turnover gained 0.1 percent month-on-month in September, slower than the 0.6 percent rise in August. However, economists had forecast sales to remain flat in September.

Food, drink and tobacco sales decreased 0.4 percent, while non-food product sales edged up 0.1 percent.

On a yearly basis, retail sales growth accelerated to 3.1 percent in September from 2.7 percent in the previous month. Sales were expected to grow 2.4 percent.

Sales in EU28 grew 0.2 percent on month, taking the annual growth to 3.2 percent in September.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT
>