July 04, 2018
Volume of retail trade unchanged in euro area and up by 0.3% in EU28
According to the latest report published by Eurostat, the statistical office of the European Union, “In May 2018 compared with April 2018, the seasonally adjusted volume of retail trade did not change in the euro area (EA19) and increased by 0.3% in the EU28.” However, in April, the retail trade volume decreased by 0.1% in the euro area while in EU28, a 0.3% increase was observed.
The report went on to state that in comparison to May 2017, May 2018 calendar retail sales index rose by 1.4% in the euro area and by 2.3% in EU28.
Monthly comparison by retail sector and by Member State
In comparison to April 2018, the unchanged volume of retail trade in the euro area in May 2018 is due to a 1.1% increase in “food, drinks and tobacco” offset by a 1.0% decrease in non-food products. However, there was no change recorded for the volume of automotive fuels.
In the EU28, the volume of retail trade however increased by 0.3%, resulting from a 1.2% increase in “food, drinks and tobacco” and a 0.1% increase in automotive fuel, offset by the 0.5% decline in non-food products.
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