Euro area retail sales grew less than expected in August, after a decline in the previous month, preliminary data from Eurostat showed Wednesday.
Retail sales rose 0.3 percent month-on-month following a 2.6 percent fall in July, which was revised from 2.3 percent. Economists had forecast 0.8 percent growth.
On a year-on-year basis, Eurozone retail sales remained unchanged in August after a 3.1 percent growth in July. Economists had predicted 0.4 percent gain.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.