Luxembourg: Retail sales deteriorate in September
Latest reading: Retail sales dropped 0.2% in month-on-month seasonally adjusted terms in September, which contrasted August’s 5.3% increase.
On an annual basis, retail sales rose 13.1% in September, which was significantly below August’s 16.9% expansion. Meanwhile, the trend improved notably, with the annual average growth of retail sales coming in at 13.6%, up from August’s 13.0%.