- Euro-zone households still reluctant to spend
- Euro-zone retail sales fell slightly in September but expanded in the third quarter as a whole. With real incomes and consumer credit both rising, we think consumption will continue to expand in the coming quarters, but it will do so only slowly given that households remain gloomy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services