Financial News: Eurozone Retail Sales Recover In June

Eurozone Retail Sales Recover In June

08/06/2025 - 08:27:00 (RTTNews)

(RTTNews) - Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday.

Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.

Food, drink and tobacco sales rose 0.2 percent and non-food product sales gained 0.6 percent. Sales of automotive fuel in specialized stores grew 0.4 percent from a month ago. On a yearly basis, Eurozone retail sales growth accelerated to 3.1 percent from 1.9 percent in May. Economists were expecting an annual growth of 2.6 percent.

ING economist Peter Vanden Houte said stronger retail sales rebound signals resilient consumer demand.

"With external headwinds such as tariffs and a stronger euro likely to weigh on exports, domestic demand is becoming increasingly vital for sustaining growth," the economist added.

Retail sales in the EU27 also grew 0.3 percent on a monthly basis in June and 3.1 percent from the previous year.

Among member states, the biggest monthly increases in trade volume were recorded in Croatia, Sweden and Malta. Meanwhile, the worst decreases were observed in France, Poland, Slovenia and Denmark.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Luxembourg GDP Grows 0.6% In Q2 (58 min(s), 56 sec(s) ago)
(RTTNews) - Luxembourg's economy expanded for a third straight quarter in the three months to ...Full Story»

Czech Retail Sales Growth Eases In July (01 min(s), 56 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth moderated in July after accelerating in t ...Full Story»

Slovakia Q2 GDP Growth Eases Less Than Estimated (50 min(s), 56 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated less than initially estimated in the second q ...Full Story»

U.S. Adds 22,000 Jobs In August, Far Fewer Than Expected (14 min(s), 56 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, the Lab ...Full Story»

Eurozone GDP Growth Confirmed At 0.1% (11 min(s), 56 sec(s) ago)
(RTTNews) - The eurozone economy registered a marginal growth in the second quarter, as initially ...Full Story»

Ireland Jobless Rate Falls To 4.7% (27 min(s), 56 sec(s) ago)
(RTTNews) - Ireland's unemployment rate decreased slightly in August after rising in the previ ...Full Story»

U.S. Employment Rises Much Less Than Expected In August (16 min(s), 56 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, the Lab ...Full Story»

Romanian Q2 GDP Growth Confirmed At 0.3% (10 min(s), 56 sec(s) ago)
(RTTNews) - Romania's economic growth held steady as initially estimated in the second quarter ...Full Story»