Volume of retail trade increase by 4.4% in euro area and 3.8% in EU

September 6, 2020

The Member States relax the COVID-19 containment measures in August 2020, the seasonally adjusted volume of retail trade rose by 4.4% in the euro area and by 3.8% in the EU, compared with July 2020, according to Eurostat, the statistical office of the European Union. However, in July 2020, the retail trade volume fell by 1.8% in the euro area, while in the EU, a 1.2% decrease was observed.

In comparison to August 2019, August 2020’s calendar adjusted retail sales index rose by 3.7% in the euro area and by 3.5% in EU.

Monthly comparison by retail sector and by Member State

In comparison to July 2020, the volume of retail trade rose in the euro area in August 2020 by 2.1% for automotive fuels, by 6.1% for non-food products, and by 2.4% for food, drinks, and tobacco increased by 2.1%. In the EU, “the volume of retail trade increased by 5.1% for non-food products (mail orders and internet +10.5%), by 2.2% for food, drinks and tobacco and by 2.1% for automotive fuels,” as indicated by the Eurostat.

Furthermore, among the member states, Eurostat noted, “the highest increases in the total retail trade volume were registered in Belgium (+9.6%), France (+6.2%) and Germany (+3.1%). The largest decreases were observed in Romania and Slovenia (both -1.6%) and Portugal (-1.4%).”

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