Eurozone Retail Sales Log Marginal Growth In August

RTTNews | 34 days ago

(RTTNews) - Eurozone retail sales modestly increased in August as the growth in demand for food and automotive fuel were partially offset by the fall in non-food product sales.

Retail sales edged up 0.1 percent on a monthly basis in August, in contrast to the 0.4 percent decline in July, Eurostat reported Monday.

The growth was driven by a 0.3 percent increase in sales of food, drinks, and tobacco, as well as a 0.4 percent rise in automotive fuel sales. However, these gains were partially offset by a 0.1 percent decline in non-food product sales.

On an annual basis, growth in retail sales more than halved to 1 percent from 2.1 percent in July.

ING economist Bert Colijn noted that the third quarter is also likely to see muted consumer spending.

Despite being concerned about the general economic situation and more worried about possible increases in unemployment, the latest survey showed a rebound in consumer confidence, indicating that they plan to make a major purchase in the coming year, the economist said.

However, Colijn does not expect a strong increase in spending during the third quarter.

In the EU, retail sales remained flat on a monthly basis and increased 1.1 percent in August from a year ago.

Among member states of the EU, the biggest monthly increases in the total retail trade volume were recorded in Lithuania, Cyprus and Malta. By contrast, Romania, Poland and Luxembourg registered the worst declines.

Tags: EUR

German Exports Log Strongest Growth In 10 Months

Germany's exports rebounded in September as demand from the US increased for the first time after five months of decrease, data from Destatis showed on Friday. Exports grew by more-than-expected 1.4 percent in September, offsetting the 0.8 percent fall in August. This was the fastest monthly increase since last November and stronger than forecast of 0.5 percent.

RTTNews | 2 days ago

German Industrial Production Recovers In September

Germany's industrial production recovered in September driven by the rebound in the auto industry, official data revealed on Thursday. Industrial output expanded 1.3 percent from August, when it was down 3.7 percent, Destatis reported. Economists had forecast a monthly growth of 3.0 percent. Year-on-year, industrial production logged a slower decline of 1.0 percent, following a 3.6 percent fall.

RTTNews | 3 days ago

Eurozone Private Sector Expands Most Since Early 2023

The euro area private sector posted its strongest expansion since May 2023, supported by improved demand conditions, final survey data from S&P Global showed on Wednesday. The HCOB final composite output index improved to 52.5 in October from 51.2 in September. This was the highest score since May 2023, indicating a breakout from the generally subdued growth trend seen throughout 2025 so far.

RTTNews | 4 days ago

German Factory Orders Rebound In September

Germany's factory orders rebounded at a stronger-than-expected pace in September driven by higher demand for auto and electrical equipments. Factory orders expanded 1.1 percent in September from August, Destatis reported Wednesday. Orders were forecast to advance 0.9 percent, reversing a revised 0.4 percent drop in August.

RTTNews | 4 days ago

Eurozone Manufacturing Sector Stagnates In October

Eurozone manufacturing sector stagnated in October, as initially estimated, following a fractional deterioration in September, the purchasing managers' survey compiled by S&P Global showed on Monday. The final Purchasing Managers' Index posted 50.0 in October, signalling no change in the operating conditions in the manufacturing sector. The score matched the initial estimate and remained above S

RTTNews | 6 days ago

Eurozone Inflation Softens On Energy Prices

Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.

RTTNews | 9 days ago

ECB Holds Interest Rates Steady Amid Uncertain Outlook

The European Central Bank maintained its key interest rates unchanged for a third policy session in a row on Thursday, as expected, as policymakers assessed that the outlook was broadly unchanged, but still uncertain due to global trade conflicts and geopolitical tensions.

RTTNews | 10 days ago

Eurozone GDP Growth Beats Expectations

The euro area economy expanded at a faster pace in the third quarter as France and Spain reported strong growth, while Germany and Italy experienced stagnation, amid a highly uncertain outlook due to the ongoing trade policies and political instability. Gross domestic product climbed 0.2 percent sequentially in the September quarter, preliminary flash estimate from Eurostat showed on Thursday.

RTTNews | 10 days ago

EURUSD	1.15591	GBPUSD	1.31518	AUDUSD	0.65271
USDJPY	154.021	USDCAD	1.4028	USDCHF	0.80629