May 07, 2021
The seasonally adjusted volume of retail trade increased by 2.7% in the euro area and by 2.6% in the EU during March 2021, compared with February 2021, according to Eurostat, the Statistical Office of the European Union. It was noted that, “in February 2021, the retail trade volume climbed by 4.2% in the euro area and by 3.8% in the EU.”
In comparison to March 2020, March 2021’s calendar adjusted retail sales index rose by 12.0% in the euro area and by 11.6% in EU.
Monthly comparison by retail sector and by Member State
In comparison to February 2021, the volume of retail trade increased in the euro area in March 2021 by 4.6% for non-food products and by 1.0% for food, drinks and tobacco, while it decreased by 2.9% for automotive fuels. “In the EU, the volume of retail trade rose by 4.2% for non-food products and by 0.8% for food, drinks and tobacco, while it decreased by 2.3% for automotive fuels,” as indicated by the Eurostat.
Furthermore, among the member states, Eurostat noted, “the highest monthly increases in total retail trade were registered in Denmark (+22.5%), the Netherlands (+8.4%), Germany and Lithuania (both +7.7%). The largest decreases were observed in Croatia (-4.0%), Poland (-2.2%) and Austria (-1.9%).”
Annual comparison by Retail Sector and by Member State
According to Eurostat, “in the euro area in March 2021, compared with March 2020, the volume of retail trade increased by 25.0% for non-food products (within this category mail orders and internet increased by 37.2%, and by 17.1% for automotive fuels, while it decreased by 1.1% for food, drinks and tobacco.” Furthermore, in the EU, the volume of retail trade increased by 25.0% for nonfood products (within this category mail orders and internet increased by 37.2%), and by 17.1% for automotive fuels, while it decreased by 1.1% for food, drinks and tobacco.
Among Member States for which data are available, the highest annual increases in total retail trade volume were registered in Slovenia (+24.0%), Denmark (+22.6%) and France (+21.3%). Decreases were observed in Hungary (-2.1%), Portugal (-1.1%) and Malta (-0.1%).
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