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Eurozone retail sales remain stable in June

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/08/2016 (14:02)
According to data released by the European Union’s statistics office Eurostat, retail sales in the eurozone followed a stable path in June in line with expectations. The region’s June retail sales remained unchanged at May’s levels when retail sales climbed 0.4%. On a yearly basis, retail sales growth held steady at 1.6% in June while it fell below market expectations of a 1.8% rise.

Sales of food, drinks and tobacco edged up 0.1% and retail sales for non-food products climbed 0.3% in June from a month earlier. Meanwhile, retail sales for automotive fuel decreased by 1.3% on the month.

Across the region, the largest increases were seen in Romania (+16.2%), Lithuania (+6.2%) and Spain (+5.8%), while the biggest declines were reported in Belgium (-2.4%), Malta (-0.6%) and Austria (-0.1%).
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