Eurozone retail sales increased by 0.3% in June, on a monthly basis, which was slightly below the market expectation of a 0.4% rise.
However, the year-over-year growth was 3.1%, exceeding the anticipated 2.6%, according to Mitrade. This indicates a positive trend in domestic consumption within the Eurozone, despite the slight miss on the monthly forecast.
The figures for the previous two months were also revised upwards, further strengthening the overall positive trend,
