Trading Conditions
Products
Tools
Eurozone retail sales dropped marginally in January, as expected, figures from Eurostat revealed Monday.
The volume of retail trade fell slightly by 0.1 percent month-on-month in January, following December's 1 percent decrease. The rate came in line with expectations.
Sale of food, drinks and tobacco decreased 0.2 percent and non-food products sales fell 0.3 percent.
On a yearly basis, retail trade growth accelerated to 2.3 percent from 2.1 percent in December. Sales were forecast to climb 2 percent.
In the EU28, retail sales decreased 0.1 percent on month in January but grew 2.7 percent from the previous year.