Eurozone retail sales fell -1.2% mom in August, well below expectation of -0.5% mom. Volume of retail trade decreased by -3.0% for automotive fuels, by -1.2% for food, drinks and tobacco and by -0.9% for non-food products.
EU retail sales was down -0.9% mom. Among Member States for which data are available, the largest monthly decreases in the total retail trade volume were registered in the Portugal (-3.0%), France (-2.8%) and Belgium (-1.5%). The highest increases were observed in Luxembourg (+1.9%), Poland (+1.7%) and Denmark (+1.6%).
