Retail Sales (MoM)

The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

Most recent - Thursday 7 November 2024 10:00

Previous
1.1%
Revised
1.1%
Forecast
0.4%
Actual
0.5%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Thursday 5 December 2024 10:00

Previous
0.5%
Forecast
-0.3%
Actual
-

The typical/expected impact on EUR pairs is medium.

The consensus forecast for Retail Sales (MoM) is -0.3%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Retail Sales (MoM) was 0.5% against a forecast of 0.4%.

Past events

Date
Forecast
Actual
Thursday 7 November 2024 10:00
0.4%
0.5%
Monday 7 October 2024 09:00
0.2%
0.2%
Thursday 5 September 2024 09:00
0.1%
0.1%
Tuesday 6 August 2024 09:00
-0.1%
-0.3%
Friday 5 July 2024 09:00
0.2%
0.1%
Thursday 6 June 2024 09:00
-0.3%
-0.5%
Tuesday 7 May 2024 09:00
0.6%
0.8%
Friday 5 April 2024 09:00
-0.4%
-0.5%
Wednesday 6 March 2024 10:00
0.1%
0.1%
Tuesday 6 February 2024 10:00
-1%
-1.1%
Monday 8 January 2024 10:00
-0.3%
-0.3%
Wednesday 6 December 2023 10:00
0.2%
0.1%
Wednesday 8 November 2023 10:00
-0.2%
-0.3%
Wednesday 4 October 2023 09:00
-0.3%
-1.2%
Wednesday 6 September 2023 09:00
-0.2%
-0.2%
Friday 4 August 2023 09:00
0.2%
-0.3%
Thursday 6 July 2023 09:00
0.2%
0%
Tuesday 6 June 2023 09:00
0.2%
0%
Friday 5 May 2023 09:00
0%
-1.2%
Tuesday 11 April 2023 09:00
-0.8%
-0.8%
Monday 6 March 2023 10:00
1%
0.3%
Monday 6 February 2023 10:00
-2.5%
-2.7%
Friday 6 January 2023 10:00
0.5%
0.8%
Monday 5 December 2022 10:00
-1.7%
-1.8%
Tuesday 8 November 2022 10:00
0.4%
0.4%
Thursday 6 October 2022 09:00
-0.4%
-0.3%
Monday 5 September 2022 09:00
0.4%
0.3%
Wednesday 3 August 2022 09:00
0%
-1.2%
Wednesday 6 July 2022 09:00
0.4%
0.2%
Friday 3 June 2022 09:00
0.3%
-1.3%
Wednesday 4 May 2022 09:00
-0.1%
-0.4%
Thursday 7 April 2022 09:00
0.6%
0.3%
Friday 4 March 2022 10:00
1.3%
0.2%
Friday 4 February 2022 10:00
-0.5%
-3%
Friday 7 January 2022 10:00
-0.5%
1%

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:

PreviousLatest
Unemployment Rate(no change)6.3%6.3%
Gross Domestic Product (QoQ)(no change)0%0%
Gross Domestic Product (YoY)(no change)0.4%0.4%
HCOB Manufacturing PMIBearish change43.243
HCOB Manufacturing PMIBearish change46.944.5
HCOB Manufacturing PMIBearish change54.553.1
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.2%-0.6%
Core Harmonized Index of Consumer Prices (YoY)Bullish change2.7%2.8%
Harmonized Index of Consumer Prices (MoM)Bearish change0.3%-0.3%
Harmonized Index of Consumer Prices (YoY)Bullish change2%2.3%
Consumer Price Index (EU Norm) (YoY)Bullish change1%1.6%
Consumer Price Index (YoY)Bullish change0.9%1.4%
Unemployment ChangeBullish change27K7K
Unemployment Rate s.a.(no change)6.1%6.1%
Consumer Price Index (EU norm) (YoY)Bullish change1.6%1.7%
Retail Sales (MoM)Bearish change1.6%-1.5%
Retail Sales (YoY)Bearish change1.4%1%
Consumer Price Index (MoM)Bearish change0.4%-0.2%
Consumer Price Index (YoY)Bullish change2%2.2%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%-0.7%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Economic Sentiment IndicatorBullish change95.795.8
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%

About Retail Sales (MoM)

Country:Eurozone
Currency:EUR
Source:Eurostat
Category:Consumption
Frequency:Monthly
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