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Euro Area retail sales drop 0.50% in February, more than expected (EUR:USD)

Press Room
Apr. 05, 2024 5:01 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, FGM, HEWG, DAX, FLFR, FLGR, FLIYBy: Manshi Mamtora, CFA
European flag in Frankfurt, Germany.

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  • Retail sales in the Euro Area decreased 0.50% in February of 2024 over the previous month, more than consensus of -0.40%.

  • The volume of retail trade compared to last month decreased for food, drinks, tobacco by 0.4%; decreased for non-food products (except automotive fuel) by 0.2%; decreased for automotive fuel in specialised stores by 1.4%.

  • ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (HEWG), (DAX), (FLFR), (FLGR), (FLIY)

  • Currency: (EUR:USD)

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