Eurozone retail sales fall for 2nd consecutive month in Oct
The decline stemmed from lower sales for food and drinks and automotive fuel. Sales for food, drinks and tobacco declined 0.5% month over month while automotive fuel sales slipped 0.4% month over month in October. Sales for non-food products, meanwhile, edged up 0.1% in October compared with the previous month.
Among the member states, retail sales in Germany and France declined 0.4% and 0.3%, respectively, on the month in October; however Spain’s retail sales moved higher by 0.3% from a month earlier. Across the region, the highest monthly increases in total retail trade were registered in Poland (+2.1%), Estonia (+2.0%) and Latvia (+1.4%), while the largest decreases were observed in Slovenia (-1.1%), Ireland, Austria and the United Kingdom (all -0.7%).
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