Volume of retail trade up by 1.5% in both euro area and EU28

Volume of retail trade up by 1.5% in both euro area and EU28

Volume of retail trade up by 1.5% in both euro area and EU28

The FINANCIAL -- In November 2017 compared with October 2017, the seasonally adjusted volume of retail trade increased by 1.5% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In October, the retail trade volume fell by 1.1% in the euro area and by 0.6% in the EU28.

In November 2017 compared with November 2016, the calendar adjusted retail sales index increased by 2.8% in the euro area and by 2.7% in the EU28.

Monthly comparison by retail sector and by Member State

The 1.5% increase in the volume of retail trade in the euro area in November 2017, compared with October 2017, is due to rises of 2.3% for non-food products, of 1.2% for “Food, drinks and tobacco” and of 0.3% for automotive fuel. In the EU28, the 1.5% increase in the volume of retail trade is due to rises of 2.1% for non-food products, of 1.2% for “Food, drinks and tobacco” and of 0.3% for automotive fuel.

Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Portugal (+3.9%), Slovenia (+2.8%), Germany (+2.3%) and Croatia (2.1%), while the only decrease was observed in Estonia (-0.2%).

Annual comparison by retail sector and by Member State

The 2.8% increase in the volume of retail trade in the euro area in November 2017, compared with November 2016, is due to rises of 4.1% for non-food products, of 1.6% for “Food, drinks and tobacco” and of 0.2% for automotive fuel. In the EU28, the 2.7% increase in retail trade volume is due to rises of 4.1% for non-food products, of 1.4% for “Food, drinks and tobacco" and of 0.9% for automotive fuel.

Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Romania (+10.9%), Poland (+7.6%) and Malta (+7.0%), while the only decrease was observed in Estonia (-1.2%).