Eurozone retail sales dropped -0.3% mom in June, much worse than expectation of 0.3% mom. Volume of retail trade decreased by -0.3% for food, drinks and tobacco and by -0.2% for non-food products, while it increased by 1.0% for automotive fuels.
EU retail sales fell -0.2% mom. Among Member States for which data are available, the largest monthly decreases in the total retail trade volume were registered in the Slovenia (-2.6%), Romania (-1.9%) and Portugal (-1.6%). The highest increases were observed in Luxembourg (+2.6%), Netherlands (+1.5%) and Belgium (+1.2%).
