EU Stats: Volume of Retail Trade up by 0.4% in Euro Area

 

In May 2017 compared with April 2017, the seasonally adjusted volume of retail trade rose by 0.4% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In April the retail trade volume increased by 0.1% in the euro area and by 0.5% in the EU28.

Monthly comparison by retail sector and by Member State

The 0.4% increase in the volume of retail trade in the euro area in May 2017, compared with April 2017, is due to rises of 1.7% for automotive fuel and of 0.6% for non-food products, while “Food, drinks and tobacco” fell by 0.4%.

In the EU28, the 0.2% increase in the volume of retail trade is due to rises of 1.2% for automotive fuel and of 0.3% for non-food products, while “Food, drinks and tobacco” fell by 0.4%.

Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Romania (+4.3%), Lithuania (+1.8%) and Hungary (+1.7%), while the largest decreases were observed in Finland (-1.2%), Slovenia and the United Kingdom (both -0.9%).

Annual comparison by retail sector and by Member State

The 2.6% increase in the volume of retail trade in the euro area in May 2017, compared with May 2016, is due to rises of 3.5% for non-food products, of 2.1% for “Food, drinks and tobacco” and of 0.9% for automotive fuel. In the EU28, the 2.6% increase in retail trade volume is due to rises of 3.5% for non-food products and of 1.7% for both“Food, drinks and tobacco” and automotive fuel.

Among Member States for which data are available, the highest increases in the total retail trade volume were observed in Romania (+14.0%), Slovakia (+7.9%), Ireland and Slovenia (both +7.7%).

Geographical information

The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

Source: Eurostat, 5th July 2017

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