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Retail trade volume up 0.5% MoM in euro area, 0.3% MoM in EU in Sept

09 Nov '24
2 min read
 Retail trade volume up 0.5% MoM in euro area, 0.3% MoM in EU in Sept
Pic: Adobe Stock

Insights

  • The seasonally-adjusted retail trade volume rose by 0.5 per cent month on month (MoM) in the euro area and by 0.3 per cent MoM in the EU in September.
  • The calendar-adjusted retail sales index rose by 2.9 per cent YoY in the euro area and by 2.8 per cent YoY in the EU in the month.
  • In August, retail trade volume grew by 1.1 per cent MoM in the euro area and by 0.9 per cent MoM in the EU.
The seasonally-adjusted retail trade volume increased by 0.5 per cent month on month (MoM) in the euro area and by 0.3 per cent MoM in the European Union (EU) in September this year, according to first estimates from Eurostat, the EU statistical office.

In August this year, retail trade volume grew by 1.1 per cent MoM in the euro area and by 0.9 per cent MoM in the EU.

The calendar-adjusted retail sales index increased by 2.9 per cent year on year (YoY) the euro area and by 2.8 per cent YoY in the EU in September, a release from Eurostat said.

The highest MoM increases in the total retail trade volume were recorded in Belgium, Denmark and Croatia (all plus 2.1 per cent), Germany (plus 1.2 per cent), Austria and Slovakia (both plus 1.1 per cent). The largest decreases were observed in Slovenia (minus 2.6 per cent), Poland (minus 2 per cent) and Finland (minus 1.6 per cent).

The highest YoY increases in the total retail trade volume were recorded in Luxembourg (plus 13.1 per cent), Romania (plus 10.3 per cent) and Croatia (plus 7.1 per cent). The largest decreases were observed in Estonia (minus 4.4 per cent), Poland and Slovenia (both minus 3 per cent) and Finland (minus 2.1 per cent).

Fibre2Fashion News Desk (DS)

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