Eurozone December retail sales -0.2% vs -0.1% m/m expected

• Prior +0.1%; revised to 0.0%

The fall on the month stems from a decline in retail sales for food, drinks, and tobacco (-0.7%). That is offset by increases in sales for non-food products (+0.3%) and automotive fuel (+0.2%). As a whole for the year of 2024, the annual average of euro area retail sales trade volume was seen up 1.0% compared to 2023.

This article was written by Justin Low at www.forexlive.com.