FOREX TradingCharts.com

Financial News: Eurozone Retail Sales Rebound Less Than Forecast

Eurozone Retail Sales Rebound Less Than Forecast

07/06/2022 - 06:10:00 (RTTNews)

(RTTNews) - Eurozone retail trade recovered at a slower-than-expected pace in May, figures from Eurostat showed on Wednesday.

Retail sales rose 0.2 percent month-over-month in May, in contrast to a revised 1.4 percent fall in April. That was below the 0.4 percent increase expected by economists.

The increase in May was driven by a 1.2 percent gain in sales of non-food products. However, mail orders and internet sales fell 0.2 percent and those of auto fuel in specialized stores also dropped the same.

Sales of food, drinks and tobacco contracted 0.3 percent in May compared to a 2.3 percent decrease seen in April.

On a yearly basis, retail sales growth eased sharply to 0.2 percent in May from 4.0 percent in April. Meanwhile, it was expected to decline by 0.4 percent.

Retail trade in the EU27 showed no variations over the month, while sales advanced 0.8 percent in May from a year ago.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Unemployment Data Due On Thursday (01 hr(s), 06 min(s), 26 sec(s) ago)
(RTTNews) - Australia will on Thursday release July figures for unemployment, highlighting a light ...Full Story»

Fed Minutes Reaffirm Plans To Continue Raising Interest Rates (04 hr(s), 15 min(s), 26 sec(s) ago)
(RTTNews) - The Federal Reserve released the minutes of its July monetary policy meeting on Wednes ...Full Story»

U.S. Business Inventories Jump In Line With Estimates In June (08 hr(s), 15 min(s), 26 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a continued surge in U. ...Full Story»

Finland GDP Growth Improves Slightly In Q2 (08 hr(s), 36 min(s), 26 sec(s) ago)
(RTTNews) - Note: Story updated to reflect growth trend in the second quarter Finland's ...Full Story»

U.S. Retail Sales Unchanged Amid Pullbacks In Gas, Auto Sales (09 hr(s), 31 min(s), 26 sec(s) ago)
(RTTNews) - With pullbacks in gasoline and auto sales offsetting strength in other areas, the Comm ...Full Story»

Norway Consumer Confidence At Record Low (09 hr(s), 42 min(s), 26 sec(s) ago)
(RTTNews) - Norwegian consumer confidence worsened to a record low in the third quarter amid risin ...Full Story»

Singapore Non-Oil Exports Climb 1.4% In July (09 hr(s), 51 min(s), 26 sec(s) ago)
(RTTNews) - Non-oil domestic exports in Singapore were up 1.4 percent on month in July, Enterprise ...Full Story»

Portugal PPI Inflation Eases In July (10 hr(s), 18 min(s), 26 sec(s) ago)
(RTTNews) - Portugal's producer price inflation slowed in July, after accelerating in the prev ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Unemployment Data Due On Thursday

08/17/2022 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Thursday release July figures for unemployment, highlighting a light ...Full Story>>

Fed Minutes Reaffirm Plans To Continue Raising Interest Rates

08/17/2022 - 14:51 PM (RTTNews)
(RTTNews) - The Federal Reserve released the minutes of its July monetary policy meeting on Wednes ...Full Story>>

U.S. Business Inventories Jump In Line With Estimates In June

08/17/2022 - 10:51 AM (RTTNews)
(RTTNews) - The Commerce Department released a report on Wednesday showing a continued surge in U. ...Full Story>>

Finland GDP Growth Improves Slightly In Q2

08/17/2022 - 10:30 AM (RTTNews)
(RTTNews) - Note: Story updated to reflect growth trend in the second quarter Finland's ...Full Story>>

U.S. Retail Sales Unchanged Amid Pullbacks In Gas, Auto Sales

08/17/2022 - 09:35 AM (RTTNews)
(RTTNews) - With pullbacks in gasoline and auto sales offsetting strength in other areas, the Comm ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.