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    05.11.2015 10:16 Eurozone’s retail sales fall 0.1% in September

    Eurostat released its retail sales data for the Eurozone on Thursday. Retail sales in the Eurozone fell 0.1% in September, missing expectations for a 0.2% rise, after a flat reading in July.

     

    The decline was driven by lower food, drinks and tobacco sales, which slid 0.6% in September.

     

    Gasoline sales were flat in September, while non-food sales increased 0.1%.

     

    On a yearly basis, retail sales in the Eurozone climbed 2.9% in September, missing forecasts of a 3.0% gain, after a 2.2% increase in August. August's figure was revised down from a 2.3% rise.

     

    The annual rise was driven by non-food sales, gasoline sales, and food, drinks and tobacco sales.

     

    Non-food sales gained 4.0% in September, gasoline sales increased 5.3%, while food, drinks and tobacco sales rose 1.6%.


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