YoY Change in Retail Sales in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year comparison of retail sales indicates the percentage change in retail turnover in the Eurozone for a specific month compared to the same month of the previous year. This data is released monthly by Eurostat and is crucial for evaluating consumer spending trends.
Year-on-year data helps understand how retail sales have fluctuated over an extended period. An increase in retail sales suggests higher consumer purchasing power and economic expansion. Conversely, a decrease in retail sales indicates reduced consumer purchasing power and potential economic stagnation.
This data serves as a reference for policymakers to assess consumer trends and formulate appropriate economic policies. Additionally, it is an important source of information for businesses and investors to gauge trends in the retail market and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
