CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EZ Retail Trade Indicates Weak Consumer Demand in 2023 Holiday Season

EUROZONE DATA

We have compared EZ Retail Trade Volumes for the 2-months of November and December to compare spending in the holiday season in 2023 to 2022.

  • 2023's combined total retail sales were -0.6% lower than the same period in 2022.
  • However, this fall was partially due to the volatile 'Automotive Fuel' component - with volumes down -4.8% Y/Y.
  • 'Food, Beverage and Tobacco' trade volumes fell -0.9% in the final two months of 2023 compared to the same period of 2022.
  • Non-food (ex-fuel) retail volume on the other hand rose slightly by +0.3% Y/Y in November/December 2023 - showing signs of only a weak increase in consumer spending despite inflation beginning to to cool.
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.