Retail trade volume fell by 1.3% in EU27 in Dec 2019

13 Feb '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

The seasonally adjusted volume of retail trade decreased by 1.6 per cent in the Euro Area (EA19) and by 1.3 per cent in the EU27 zone in December 2019 compared to figures in the previous month, according to estimates from Eurostat, the statistical office of the European Union (EU). In November last year, the volume rose by 0.8 per cent in EA19 and by 0.9 per cent in EU27.

In December 2019 compared with December 2018, the calendar adjusted retail sales index increased by 1.3 per cent in EA19 and by 1.9 per cent in EU27, according to an official press release.

The average retail trade for the year 2019, compared with 2018, rose by 2.2 per cent in EA19 and by 2.4 per cent in EU27.

The largest falls in the total retail trade volume were registered in Germany (3.3 per cent), Slovenia (2.8 per cent) and Finland (-2.3 per cent). The highest increases were observed in Ireland (2.7 per cent), Malta (1.3 per cent) and Romania (0.8 per cent).

In EA19, the volume of retail trade increased by 3.6 per cent in December 2019 compared with December 2018 figures.

Fibre2Fashion News Desk (DS)

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