Archive for the 'consumer demand' Category

Euro zone retail sales flat in December

Eurostat has today revealed retail sales in the euro zone were unchanged in December from January.
The figures disappointed analysts who had expected a 0.4% rise in which is traditionally the busiest month of the year for retailers.
The latest figures highlight the fragile state of the economy and weak consumer demand.
On an annual basis, Eurostat [...]

CBI reports sharp fall in January retail sales

The CBI has today reported a sharp fall in retail sales for the month of January due, in part, to the severe wintry weather and the rise in VAT which has hit consumer demand.
According to the lobby group’s monthly survey (between January 4 and 15), more than a quarter (28%) of retailers said sales had [...]