Eurozone December retail sales +2.0% vs +2.8% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 4 February 2021

  • Prior -6.1%; revised to -5.7%
  • Retail sales +0.6% vs +1.2% y/y expected
  • Prior -2.9%; revised to -2.2%
Christmas shopping provided a boost to euro area retail sales to round off last year, with clothing and shoe sales surging as compared to November. The jump in retail sales activity was most noticeable in France and Belgium, helping to offset the slump in Germany.
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