Very strong retail sales in the euro area in November


All is not gloomy in the euro zone …




Photo credit © Reuters

(Boursier.com) – All is not gloomy in the euro zone. While inflation hit new highs in December, retail sales remained buoyant. Seasonally adjusted sales in November rose 1% after advancing 0.3% the month before. Year-on-year, the index corrected for the calendar effects of retail sales posted a jump of 7.8% against + 1.7% in October, specifies Eurostat. The consensus forecast respectively a decline of -0.5% and an increase of 5.6%.


© 2022 Boursier.com





Source link -87