Volume of retail trade increased by 0.3% in both the euro area and EU

August 6, 2021

The seasonally adjusted volume of retail trade increased by 0.3% in the euro area and the EU during August 2021, compared with July 2021, according to Eurostat, the Statistical Office of the European Union. Notably, “In July 2021, the retail trade volume decreased by 2.6% in the euro area and by 2.1% in the EU.”

In comparison to August 2020, the calendar-adjusted retail sales index remain stable in the euro area and rose by 1.1% in the EU, in August 2021.

Monthly comparison by retail sector and by Member State

In comparison to July 2021, the volume of retail trade increased in the euro area by 1.8% for non-food products and by 1.7% for food, drinks, and tobacco, and by 0.1% for automotive fuels. “In the EU, the volume of retail trade increased by 1.8% for non-food products, while it fell by 0.3% for automotive fuels and by 1.5% for food, drinks, and tobacco,” as indicated by the Eurostat.

Furthermore, among the member states, Eurostat noted, the highest monthly increases in total retail trade were observed in Malta (+2.7%), Ireland (+2.5%), and Slovakia (+2.0%). The largest decreases were observed in Denmark (-1.4%), Estonia, and France (both -1.2%).

Annual comparison by Retail Sector and by Member State

According to Eurostat, “In the euro area in August 2021, compared with August 2020, the volume of retail trade increased by 1.3% for non-food products and by 1.2% for automotive fuels, while it fell by 1.9% for food, drinks, and tobacco.” Additionally, In the EU, the volume of retail trade rose by 3.0% for non-food products and by 2.1% for automotive fuels, while it fell by 1.5% for food, drinks, and tobacco.

Among the Member States for which data are available, the highest annual increases in total retail trade were recorded in Malta (+19.6%), Croatia (+18.1%), and Slovenia (+12.3%). The largest decreases were registered in Belgium (-4.9%), France (-2.1%), Spain, and Luxembourg (both -1.3%).

 

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2021-10-06T13:55:04-05:00