FOREX TradingCharts.com

Financial News: Eurozone Retail Sales Recover In December

Eurozone Retail Sales Recover In December

02/04/2021 - 05:51:00 (RTTNews)

(RTTNews) - Eurozone retail sales grew in December after a sharp fall in November, data from Eurostat revealed on Thursday.

Retail sales increased 2 percent month-on-month in December, in contrast to a fall of 5.7 percent in November. Sales were forecast to grow 1.6 percent.

Sales of food, drinks and tobacco gained 1.9 percent and non-food product sales climbed 1.5 percent. Sales of automotive fuel in specialized stores advanced 5.1 percent.

On a yearly basis, sales volume grew 0.6 percent, reversing a 2.2 percent drop in November. Economists had forecast a 0.3 percent rise.

The small bounce back in December was because of new countries imposing restrictive measures while others loosened up for the holiday period, Bert Colijn, an ING economist, said. The modest rebound suggests that current lockdowns do significantly impair consumption despite online sales.

In the EU27, retail sales grew 1.4 percent on month and by 0.5 percent annually in December.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Hungary Producer Price Inflation Slows In January (02 hr(s), 08 min(s), 54 sec(s) ago)
(RTTNews) - Hungary's producer price inflation eased in January, figures from the Hungarian Ce ...Full Story»

German Retail Sales Fall More Than Expected (02 hr(s), 11 min(s), 54 sec(s) ago)
(RTTNews) - Germany's retail sales decreased for a second straight month and at a faster than ...Full Story»

Romania Producer Prices Rise For Second Month (02 hr(s), 30 min(s), 54 sec(s) ago)
(RTTNews) - Romania's producer prices rose for the second month in a row in January, data from ...Full Story»

Philippines Producer Prices Fall Further (02 hr(s), 56 min(s), 54 sec(s) ago)
(RTTNews) - Philippines producer prices declined further in January, data from the Philippine Stat ...Full Story»

UK House Price Inflation Accelerates Unexpectedly (03 hr(s), 12 min(s), 54 sec(s) ago)
(RTTNews) - UK house price inflation accelerated in February, defying expectations for further slo ...Full Story»

Estonia Retail Sales Increase In January (03 hr(s), 23 min(s), 54 sec(s) ago)
(RTTNews) - Estonia retail sales increased in January, data from Statistics Estonia showed on Tues ...Full Story»

Finland Jobless Rate Rises In January (04 hr(s), 06 min(s), 54 sec(s) ago)
(RTTNews) - Finland's jobless rate increased in January, figures from Statistics Finland showe ...Full Story»

RBA Holds Rate, QE Steady (05 hr(s), 43 min(s), 54 sec(s) ago)
(RTTNews) - Australia's central bank left its cash rate and asset purchase programme unchanged ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Hungary Producer Price Inflation Slows In January

03/02/2021 - 03:38 AM (RTTNews)
(RTTNews) - Hungary's producer price inflation eased in January, figures from the Hungarian Ce ...Full Story>>

German Retail Sales Fall More Than Expected

03/02/2021 - 03:35 AM (RTTNews)
(RTTNews) - Germany's retail sales decreased for a second straight month and at a faster than ...Full Story>>

Romania Producer Prices Rise For Second Month

03/02/2021 - 03:16 AM (RTTNews)
(RTTNews) - Romania's producer prices rose for the second month in a row in January, data from ...Full Story>>

Philippines Producer Prices Fall Further

03/02/2021 - 02:50 AM (RTTNews)
(RTTNews) - Philippines producer prices declined further in January, data from the Philippine Stat ...Full Story>>

UK House Price Inflation Accelerates Unexpectedly

03/02/2021 - 02:34 AM (RTTNews)
(RTTNews) - UK house price inflation accelerated in February, defying expectations for further slo ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.