MNI BOE WATCH: Narrow Path To Aug Cut, Wary Messaging Likely

MNI China Daily Summary: Tuesday, July 30

MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI CNB WATCH: Fine-Tuning Set To Start, But 50Bps 'In Play'

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

MNI:US MAY FHFA HPI SA +0.0% V +0.3% APR; +5.7% Y/Y

MNI: US REDBOOK: JUL STORE SALES +4.7% V YR AGO MO

German inflation: Slight upside to consensus - as our tracking expected

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

MNI DATA BRIEF: Eurozone Retail Sales At Near 1-Year High

LONDON (MNI)

Eurozone May retail retail sales rose to the highest level since June 2020 by 4.6%, more than reversing a 3.9% decline seen in April and outpacing expectations for a 4.0% m/m gain.

Food sales declined at a slower pace of 0.2% in May, while sales of non-food products increased sharply, up 8.8%, after decreasing 6.1% last month. 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.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
HomepagePolicy NewsCEEMEAEurozoneBriefStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
HomepagePolicy NewsCEEMEAEurozoneBriefStoryRegion
True

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.