Euro zone retail sales fall as expected in Dec

Shoppers head to the Black Friday sales in London
People walk past Black Friday signage in shop windows during Black Friday on Oxford Street in London, Britain, November 25, 2022. REUTERS/Henry Nicholls

BRUSSELS, Feb 6 (Reuters) - Euro zone retail sales fell roughly in line with expectations in December, underlining the weakness in consumer demand at the end of the year amid high inflation, data from the European Union's statistics office Eurostat showed.

Eurostat said retail sales in the 19 countries sharing the euro in December fell 2.7% month-on-month for a 2.8% year-on-year decline. Economists polled by Reuters had expected retail sales to fall 2.5% on the month and 2.7% year-on-year.

Reporting by Jan Strupczewski

Our Standards: The Thomson Reuters Trust Principles.

Read Next