Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Retail sales in the eurozone rose by 0.4%, as expected


November, 08 2022
watermark Economic news

According to the Statistical Office of the European Union Eurostat, retail sales in the eurozone in September increased by 0.4% compared to the previous month. The dynamics of the indicator coincided with the average forecast of analysts.


According to the revised data, the sales volume indicator did not change in August. Earlier it was reported about its decrease by 0.3%.


On an annualized basis, retail sales in September decreased by 0.6% after falling by 1.4% a month earlier. Experts on average expected a decrease of 1.3%.


In particular, sales of food, beverages and tobacco products in the eurozone increased by 0.4% compared to August, non-food products – by 1%. Sales of motor fuel decreased by 0.6%.


In all EU countries, retail sales increased by 0.4% compared to the previous month and decreased by 0.3% year-on-year. In Germany, the indicator increased by 0.9% by August, in France – by 0.2%, in Italy – decreased by 0.1%, in Spain – increased by 0.2%.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.