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- Eurozone retail sales rose more than expected in February
Eurozone retail sales rose more than expected in February
According to estimates from Eurostat, in February 2019 compared with January 2019, the seasonally adjusted volume of retail trade increased by 0.4% in both the euro area (EA19) and EU28. Economists had expected a 0.2% increase in the euro area. In January, the retail trade volume increased by 0.9% in the euro area and by 1.0% in the EU28. In February 2019 compared with February 2018 the calendar adjusted retail sales index increased by 2.8% in the euro area and by 3.3% in the EU28.
In the euro area in February 2019, compared with January 2019, the volume of retail trade increased by 0.9% for non-food products and by 0.1% for food, drinks and tobacco, while automotive fuel decreased by 0.7%. In the EU28, the retail trade volume increased by 1.0% for non food products, while food, drinks and tobacco decreased by 0.1% and automotive fuel by 0.2%.
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