Retail sales in the eurozone fell by 0.7 percent month-on-month in September, according to seasonally adjusted data. Across the entire European Union, they fell by 0.6 percent. This is according to a preliminary estimate by Eurostat. ekonomika.sme.sk ↗
Developments varied among individual member countries. Slovak retail sales rose by 2.2 percent in September compared to August. This was the second-strongest month-on-month increase among the countries for which data were available. teraz.sk ↗
The overall decline in both the eurozone and the Union as a whole was thus accompanied by differing results among individual states. While Slovakia recorded a significant strengthening of retail sales, the average values for both monitored blocs declined.
The data relate to September developments and represent a preliminary estimate. Eurostat may revise the results after the data are supplemented and verified. Retail sales are among the indicators that provide a picture of current household consumption and the development of the retail sector in the member countries.
Retail sales in the eurozone and the EU declined in September
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
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