Blog: Katy AskewFood a sticking spot in European sales "rebound"

Katy Askew | 10 January 2013

Following three straight months of decline, European retail sales picked up slightly in November. However, as Christmas approached, food remained a soft spot.

According to the latest figures from Eurostat, month-on-month sales in the euro area rose by 0.1%. But before we start hailing the beginnings of an upturn in Europe, it must be remembered that this month-on-month rise seems a natural trend given the approach of Christmas. Year-on-year, the figure is far less encouraging as euro zone sales were down 2.6%

For our industry, the numbers are more gloomy still. Food, drink and tocacco sales were down 0.3% month-on-month and 2.1% year-on-year. Countries that saw the biggest declines were - unsurprisingly - Spain, Slovenia, Bulgaria and Portugal.

With the euro zone struggling on, how do you expect your business fair over the coming 12 months? Do you expect to see an up-tick in economic activity on the continent? Share your views in our 2013 confidence survey. The results will be presented in a webinar in February.


BLOG

General Mills 'prepping Jeff Harmening for CEO spot'

General Mills is reportedly preparing long-time executive Jeff Harmening to succeed Ken Powell as CEO....

BLOG

Hain Celestial ends week with sign of optimism over Orchard House deal in UK

After starting the week with a surprise stock exchange announcement that hit its shares and called into questions its accounting practices, Hain Celestial could be set to receive a boost in the UK....

BLOG

The sluggishness of FMCG in Europe laid bare

An indication of how tough trading conditions are in much of Europe emerged today (17 August) with figures from Nielsen suggesting in the second quarter of the year the region's FMCG sector had grown ...

just-food homepage



Forgot your password?