Eurozone retail sales rose only 0.2% mom in January, well below expectation of 1.5% mom. Volume of retail trade increased by 0.2% for non-food products, remained unchanged for food, drinks and tobacco, and fell by -1.3% for automotive fuels.
EU retail sales rose 0.6% mom. Among Member States for which data are available, the highest monthly increases in the total retail trade volume were registered in Poland (+5.9%), Luxembourg (+4.2%) and Denmark (+3.7%). The largest decreases were observed in Slovenia (-4.6%), Portugal (-2.8%), and Lithuania (-2.5%).