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Sport euro area: rising retail sales in October

14:40  03 december  2021
14:40  03 december  2021 Source:   pressfrom.com

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Zone-Euro-Economics-Sales-Au-Detail: Euro Zone: Retail Increase in Expectations in October

ZONE EURO: HAUSSE DES VENTES AU DÉTAIL CONFORME AUX ATTENTES EN OCTOBRE © Reuters / Ralph Orlowski Euro Area : Retail sales in accordance with expectations in October

Brussels (Reuters) - Retail sales in the euro area increased in accordance with the expectations in October, consumers who spent more in non-food purchases, including online, show statistics. Eurostat published on Friday.

Retail sales in the 19 countries that have adopted the single currency increased by 0.2% from September and 1.4% year-on-year.

Economists interviewed by Reuters anticipated an average of 0.2% over one month and 1.2% over one year.

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In the face of rising energy prices and the resurgence of CVIV-19 cases that have resulted in new restrictions, consumers could be more cautious in the coming months.

The feeling of consumers has declined for the second consecutive month in November, according to a survey of the European Commission published Monday, being less optimistic about their intentions to make significant purchases and the general economic situation.

According to Eurostat, sales of automobile fuels increased by 1.3% in October, while non-food products increased by 0.4%, a 3.2% increase in Internet sales and by correspondence.

In the euro zone, Slovenia and Portugal recorded the strongest increases and Latvia, Austria and Estonia the strongest drops.

Table

(PHILIP BLENKINSOP report; French version Elena Vardon)

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usr: 0
This is interesting!