Luxembourg: Retail sales rebound in March
On a seasonally adjusted basis, retail sales rose 0.9% month on month in March (February: -3.0% yoy). On a non-seasonally adjusted annual basis, retail sales rose 10.3% in March (February: +8.6% yoy). Meanwhile, the trend improved, with annual average growth in retail sales coming in at 8.6% in March, up from February’s 8.1%.