January 08, 2021
The seasonally adjusted volume of retail trade declined by 6.1% in the euro area and by 5.0% in the EU during November 2020, compared with October 2020, according to Eurostat, the Statistical Office of the European Union. It was noted, “the COVID-19 containment measures introduced again by several Member States had a significant impact on retail trade.” However, in October 2020, it was observed that the retail trade volume increased by 1.4% in both the euro area and EU.
In comparison to November 2019, November 2020’s calendar adjusted retail sales index declined by 2.9% in the euro area and by 2.0% in EU.
Monthly comparison by retail sector and by Member State
In comparison to October 2020, the volume of retail trade declined in the euro area in November 2020 by 10.6% for automotive fuels, by 8.9% for non-food products (within this category mail orders and internet increased by 1.8%) and by 1.7% for food, drinks, and tobacco. In the EU, “the volume of retail trade decreased by 7.7% for automotive fuels, by 7.3% for non-food products (mail orders and internet +2.3%) and by 1.5% for food, drinks and tobacco,” as indicated by the Eurostat.
Furthermore, among the member states, Eurostat noted, “the largest decreases in the total retail trade volume were observed in France (-18.0%), Belgium (-15.9%) and Austria (-9.9%). The highest increases were registered in the Netherlands (+2.6%), Croatia (+2.5%) and Germany (+1.9%).”
Annual comparison by Retail Sector and by Member State
It was recorded that, “in the euro area in November 2020, compared with November 2019, the volume of retail trade decreased by 18.0% for automotive fuels and by 5.2% for non-food products (within this category mail orders and internet increased by 32.0%), while food, drinks and tobacco increased by 2.7%. In the EU, the retail trade volume decreased by 15.3% for automotive fuels and by 3.3% for non-food products (mail orders and internet +32.9%), while food, drinks and tobacco increased by 2.4%.”
Among Member States for which data are available, the largest yearly decreases in the total retail trade volume were registered in France (-15.7%), Slovenia (-14.2%) and Belgium (-11.7%). The highest increases were observed in Germany (+8.8%), Denmark (+8.7%) and the Netherlands (+6.6%).
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