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Retail trade volume up by 1% in euro area, by 0.9% in EU

12 Jan '22
2 min read
Pic: Pindiyath100 | Dreamstime.com
Pic: Pindiyath100 | Dreamstime.com

In November 2021, the seasonally adjusted volume of retail trade increased by 1 per cent in the euro area and by 0.9 per cent in the European Union (EU), compared with October 2021, according to estimates from Eurostat, the EU statistical office. In October 2021, the retail trade volume increased by 0.3 per cent in the euro area and by 0.4 per cent in the EU.

In November last year, the calendar adjusted retail sales index increased by 7.8 per cent in the euro area and by 7.9 per cent in the EU compared with the same month in 2020.

In the euro area in November 2021, the volume of retail trade increased by 1.6 compared with October for non-food products compared with the previous month. In the EU, the figure increased by 1.4 per cent for non-food products.

The highest monthly increases in the total retail trade volume were registered in Spain (+4.9 per cent), Luxembourg (+4 per cent) and Portugal (+2.8 per cent). The largest decreases were observed in Austria (-4.1 per cent), Latvia (-3.6 per cent) and Croatia (-3.1 per cent).

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

Fibre2Fashion News Desk (DS)

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