Eurozone November retail sales fall in line with expectations
Food, beverage and tobacco sales fell by 0 in November..1%, showing a negative growth trend for the second consecutive month。Meanwhile, non-food sales (excluding fuel) declined by 0.4%。
Eurozone retail sales data show a month-on-month decline of 0 in November.3%, in line with market expectations, showing a significant decline since August.。
Before the data was released, retail sales rose by a revised 0% month-on-month in October..4%。
In November, food, beverage and tobacco sales fell 0.1%, showing a negative growth trend for the second consecutive month。Meanwhile, non-food sales (excluding fuel) declined by 0.4%。
Online retail transactions also contracted significantly in November, down 1.2%。
On an annual basis, euro area retail sales fell 1 year-on-year in November..1%, slightly below market expectations of 1.5%。This is the 14th consecutive month of negative retail sales growth.。
On the day, the euro edged down 0 against the dollar..02%, EUR / USD currency pair quoted at 1.0939。The forex currency pair fell 0 last week..88%, can be regarded as the first decline。This suggests that the euro is slightly more significant in its exchange rate movements against the dollar.。This situation does reflect the recent weak performance of retail sales in the euro.。
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