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Jan 2022 retail trade volume in EU up by 0.6% MoM, 8.3% YoY

14 Mar '22
2 min read
Pic: Dreamstime.com
Pic: Dreamstime.com

In January 2022, the seasonally adjusted volume of retail trade rose by 0.2 per cent in the euro area and by 0.6 per cent in the European Union (EU) compared with December 2021 figures, according to estimates from Eurostat, the EU statistical office. In December 2021, the retail trade volume fell by 2.7 per cent in the euro area and by 2.6 per cent in the EU.

In January this year, the calendar adjusted retail sales index increased by 7.8 per cent in the euro area and by 8.3 per cent in the EU compared with January 2021 figures.

In the euro area and in the EU in January this year, the volume of retail trade increased by 0.2 per cent and 1 per cent respectively for non-food products compared with the December 2021 figure.

Among member states for which data are available, the highest monthly increases in the total retail trade volume were registered in Poland (plus 5.9 per cent), Luxembourg (plus 4.2 per cent) and Denmark (plus 3.7 per cent). The largest decreases were observed in Slovenia (minus 4.6 per cent), Portugal (minus 2.8 per cent), and Lithuania (minus 2.5 per cent).

In January this year, the volume of retail trade increased by 14.8 per cent and 15.3 per cent in the euro area and in the EU respectively for non-food products compared with January 2021figures.

Among member states for which data are available, the highest yearly increases in the total retail trade volume were registered in Slovenia (plus 32.3 per cent), Poland (plus 19.5 per cent) and Lithuania (plus 18.2 per cent). The only decrease was observed in Finland ( minus 2.4 per cent).

Fibre2Fashion News Desk (DS)

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