Luxembourg: Retail sales growth eases in November
Latest reading: Retail sales increased 1.0% in month-on-month seasonally adjusted terms in November, which was a deterioration from October’s 2.2% increase.
On an annual basis, retail sales rose 15.3% in November, which was below October’s 16.3% expansion and marking the lowest result since January. Meanwhile, annual average retail sales growth rose to 16.3% in November (October: +15.8%). This signals an improving trend in the retail trade sector.