Euro Zone Retail Sales - Current and Historical Data

September 6, 2013 – 10:14

Euro Zone Retail Sales (YoY) (May)

Previous Reading: -1.1%

Next Release: Wednesday, July 03, 09:00 GMT (Released Monthly, about 35 days after the review month ends)

Analysts Expect: -2.0%

Source of Report: Eurostat

Release URL:

Upcoming Release Commentary:

Euro zone retail sales fell more-than-expected in April, dropping 1.1 percent on a yearly basis, following a 2.2 percent slump in March. Analysts expect retail sales in the 17-nation currency bloc to record an annual decline of 2.0 percent in May. Record high unemployment and the general economic weakness in the region won’t prompt cautious consumers to immediately up their spending. However, data released last week showed German retail sales and French consumer spending improved in May, lending support to projections for a gradual economic recovery later this year.

Euro zone Retail Sales Historical Overview:

Historically, from 1996 to 2013, Euro Area YoY retail sales averaged 0.93 percent, reaching a record high of 5.0 percent in November 1998, and a low of -5.1 percent in February 2009.

Market Impact Scenarios:

The Euro Area Retail Sales report provides a snapshot of the consumer spending trends in the region. A rise in consumer spending is a sign of overall economic growth, while a drop in spending may point to an economic slowdown. Since the data used in the sampling is only a few weeks old, it is one of the timeliest economic reports. A stronger than expected reading is generally taken as positive/bullish for the EUR, while a weaker than expected reading should be taken as negative/bearish for the currency.

Understanding Retail Sales:

The Retail Sales report released by Eurostat measures the change in the total value of inflation-adjusted sales at the retail level in the region. The report is compiled from a data sampling that is extrapolated to model the entire region. The headline number is the year over year percentage change in retail sales. Despite consumer spending accounting for the majority of overall economic activity in the region, the euro zone retail sales report tends to have a relatively muted impact because Germany and France release earlier consumer spending data, which helps traders anticipate the broad trend.

Volume of Retail Trade (% change compared with the same month of the previous year):

	Nov-12	Dec-12	Jan-13	Feb-13	Mar-13	Apr-13
Germany	0.5	-3.3	2.7	1.4	-0.1	-0.5
France	0.6	1.3	0.8	0.0	-0.6	2.5
Italy	-4.0	-2.9	-4.0	-2.4	-2.5	n/a
Spain	-10.6	-13.1	-11.6	-9.5	-10.5	-6.5
U.K.	2.5	1.5	1.6	3.8	2.3	0.3

Source: www.forexnews.com

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scri

You're probably a 'non-store retailer'

2011-07-26 18:39:12 by kcufbmud

2. Nonstore retailers, like store retailers, are organized to serve the general public, but their retailing methods differ. The establishments of this subsector reach customers and market merchandise with methods, such as the broadcasting of "infomercials," the broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, door-to-door solicitation, in-home demonstration, selling from portable stalls (street vendors, except food), and distribution through vending machines. Establishments engaged in the direct sale (nonstore) of products, such as home heating oil dealers and home delivery newspaper routes are included here

Price Collusion

2005-05-05 09:46:16 by ArbitraryChoice

I was employed by and later managed a large furniture store in the south bay area. This store did not have a web site. I developed a web site on my own time and at my own expense. The store I was employed by reaped the rewards of this web site for about 19 months. We did not receive any complaints from vendors about there merchandise being displayed on the Internet.
October of 2004 I left that company and joined another. The new company featured some of the same furniture companies I had featured on the web site. Subsequently the new company began to reap the added sales generated by the web site

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