Eurozone March retail sales +2.7% vs +1.6% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 6 May 2021


  • Prior +3.0%; revised to +4.2%
  • Retail sales +12.0% vs +9.4% y/y expected
  • Prior -2.9%; revised to -1.5%
After the January slump, euro area retail sales continues to pick up in March with solid revisions to the February data as well. Non-food products were the biggest contributor, increasing by 4.6% on the month while offset by a 2.9% decrease in automotive fuels.

The year-on-year statistic shows a major jump largely due to base effect adjustments, considering the initial impact of the pandemic seen during March last year.
Invest in yourself. See our forex education hub.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose