Retail sales volumes in the eurozone rebounded in June to levels seen in February before lockdowns, official estimates showed on Wednesday, completing a recovery that began in May after record drops in March and April.
One in four manufacturers is considering closing down. Half are experiencing sales shortfalls in excess of 50%, and 80% of them are cutting jobs, with no re-localisation in sight even once the emergency is over.
Euro zone sales rose by slightly more than expected in October, but September data were revised downwards, with online sales providing another push to figures offering a mixed picture as overall economic growth slows.
Monthly retail sales in the euro zone were flat in May after a small drop the previous month, official data released on Tuesday by Eurostat showed, in a sign of stagnant consumption in the 19-country currency area.
Retail sales growth in the 19 countries sharing the euro currency slowed sharply in March, European statistics agency Eurostat said on Friday, as consumers spent less on non-food items than in February.