Eurozone retail sales rose 0.8% in March, marking the sharpest monthly increase in 18 months.

Eurozone retail sales rose 0.8% in March, marking the sharpest monthly increase in 18 months, according to data from Eurostat. Sales of food, drinks, and tobacco advanced 1.2%, while automotive fuel sales increased 2%. The yearly growth rate reached 0.7%, reversing a 0.5% contraction in February. This growth highlights a promising sign of economic recovery in household consumption.

May 07, 2024
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