February 4, 2022
The seasonally adjusted volume of retail trade decreased by 3.0% in the euro area and by 2.8% in the EU during December 2021, compared with the previous month, according to Eurostat, the Statistical Office of the European Union. It was also noted that “in November 2021, the retail trade volume increased by 1.0% in the euro area and by 0.9% in the EU.”
In comparison to December 2020, the calendar adjusted retail sales index rose by 5.0% in the euro area and by 5.5% in the EU, in November 2021.
Monthly comparison by retail sector and by Member State
In comparison to November 2021, the volume of retail trade decreased in the euro area by 5.2% for non-food products and by 0.3% for food, drinks and tobacco, while it increases by 0.1% for automotive fuels. “In the EU, the volume of retail trade increased by 5.0% for non-food products and by 0.2% for food, drinks and tobacco, while it remained stable for automotive fuels,” as indicated by the Eurostat.
Furthermore, among the member states, Eurostat noted, the largest monthly decreases in total retail trade were observed in the Netherlands (-9.2%), Spain (-5.7%) and Germany (-5.5%). The highest increases were observed in Latvia (+7.2%), Slovenia (+2.1%) and Bulgaria and Hungary (+1.0%).
Annual comparison by Retail Sector and by Member State
According to Eurostat, “In the euro area in December 2021, compared with December 2020, the volume of retail trade increased by 14.2% for automotive fuels, by 3.1% for non-food products while it fell by 1.1% for food, drinks and tobacco.” Additionally, in the EU, the volume of retail trade climbed by 13.1% for automotive fuels, by 4.0% for non-food, and decreased by 0.9% for food, drinks, and tobacco.
Among the Member States for which data are available, the largest annual decline in total retail trade were recorded in Ireland (-3.2%), Spain and Finland (-3.0%). The highest increases were observed in Slovenia (+44.1%), Lithuania (+16.2%), and Estonia (+12.6%).
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