Eurozone Retail Sales Rise 1.8% YoY in May, Beating Forecasts

Eurozone Retail Sales Rise 1.8% YoY in May, Monthly Data Contracts

Retail activity in the Eurozone showed mixed signals in May, according to data released Monday by Eurostat.

Key Highlights:

• Retail Sales YoY: +1.8% (vs. +1.2% forecast)
• Retail Sales MoM: -0.7% (vs. +0.3% in April, in line with expectations)

The year-over-year figure came in above market expectations, reflecting steady consumer demand across the euro area. In contrast, the monthly decline suggests some cooling in short-term spending, likely due to inflationary pressures and persistent economic uncertainty.

Implications for Markets:

The stronger-than-expected annual growth may offer support to the Euro (EUR), though the monthly contraction could temper any bullish momentum. Investors will be watching for further monetary policy signals from the European Central Bank (ECB) in response to mixed consumer demand trends.

For deeper analysis on how this affects EUR/USD or other Eurozone pairs, check out our Forex Insights.