Euro zone retail sales growth slows in April from March

05 Jun, 2018

The volatile and often revised indicator showed euro zone consumers spent 0.1 percent more month-on-month in April, after growth revised up to 0.4 percent in March. Compared to a year earlier, retail sales were 1.7 percent higher in April.

Consumers spent much more on clothing and shoes, as well as computer products, but spending of food, drinks and tobacco decreased during April. Online sales increased by 2.5 percent.

Retail sales grew most month-on-month in Germany and Ireland, Eurostat said, while Portugal, Slovenia and Estonia saw decreases.

Copyright Reuters, 2018
 

 

 

 

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