Retail sales across the eurozone partially rebounded in August after their steepest drop in two years the previous month, according to data out on Monday from Eurostat.
Source: Sharecast
The volume of retail trade increased by just 0.1% during the month, matching economists' projections following a revised 0.4% decline in July.
Sales of food, drinks and tobacco were 0.3% higher over August, while automotive fuel sales were up 0.4%, slightly offset by a 0.1% fall in non-food product sales.
Among member states, the highest monthly growth rates in sales were recorded in Lithuania (+1.7%), Cyprus and Malta (both +1.5%), while the biggest declines were seen in Luxembourg and Portugal (both -0.7%).
Compared with August 2024, retail sales across the single-currency region were up 1.0%, slowing from the 2.1% and 3.5% annual gains seen in July and June, respectively.
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