Retail sales in the Eurozone rose in March

Retail sales in the Eurozone rose in March

Retail sales in the Eurozone increased by 0.8 percent in March compared to the previous month.

The European Statistical Office (Eurostat) published retail sales data for the European Union (EU) and the Euro Zone for March.

According to data, retail sales in the EU increased by 1.2 percent in March compared to the previous month and 2 percent on an annual basis.

In the Eurozone, retail sales increased by 0.8 percent on a monthly basis in March and by 0.7 percent compared to the same period last year.

On a monthly basis, the highest increase in retail sales was in Poland with 7.3 percent, the Greek Cypriot Administration of Southern Cyprus (GCASC) with 4.8 percent and Hungary with 2 percent, and the highest decrease was in Sweden with 1.8 percent. It was determined in Malta with 1 percent and in Austria with 0.8 percent.

Retail sales increased by 14.8 percent in Poland, 10.3 percent in Luxembourg and 8.9 percent in Croatia on an annual basis, while it increased by 4.6 percent in Belgium, 2.3 percent in Estonia and 2.3 percent in Austria. decreased by 2.