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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE DATA
MNI (London)
EZ MAY RET SALES +4.6% M/M, +9.0% Y/Y; APR -3.9% M/M
- EZ retail retail sales rose by 4.6% in May after falling by 3.9% in Apr, hitting the highest level since Jun 2020.
- Monthly sales came in stronger than markets anticipated (BBG: +4.0%).
- Food sales declined at a slower pace of 0.2% in May, while sales of non-food products increased sharply by 8.8%, after decreasing 6.1%.
- Fuel sales rebounded as well, surging to 8.1% following two consecutive months of decline.
- Annual sales slowed to 9.0% in May, after jumping to 23.3% in April due to base effects.
- Among the member states, France (+9.9%), the Netherlands (+9.3%) and Estonia (+8.1%) recorded the largest m/m gains, while Latvia (‑3.9%), Finland (‑3.3%) and Luxembourg (‑0.7%) saw the biggest declines.
Source: Eurostat
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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