Eurozone retail sales slip back in December

Listen to this article

00:00
00:00

Retail sales in the eurozone slipped 0.3 per cent at end of the 2016, closing an otherwise healthy year.

December’s monthly decline was the second consecutive month of falls after sales surged 1.5 per cent in October. Compared to December 2015, total retail sales were up 1.1 per cent and ended the year 1.8 per cent higher in 2016.

Outside the eurozone, the UK registered one of the biggest monthly drops, with retail sales dropping 2.3 per cent after November’s mega Black Friday sales. Luxembourg, Belgium, and France posted the best rises for the month.

(Chart: Bloomberg)

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't copy articles from FT.com and redistribute by email or post to the web.