December 6, 2021

The seasonally adjusted volume of retail trade increased by 0.2% in the euro area and by 0.3% in the EU during September 2021, compared with October 2021, according to Eurostat, the Statistical Office of the European Union. It was also noted that, “in September 2021, the retail trade volume decreased by 0.4% in the euro area and by 0.3% in the EU.”

In comparison to October 2020, the calendar adjusted retail sales index rose by 1.4% in the euro area and by 2.3% in EU, in October 2021.

Monthly comparison by retail sector and by Member State

In comparison to October 2021, the volume of retail trade increased in the euro area by 0.4% for non-food products, but fell by 0.1% for food, drinks and tobacco and increase by 1.3% for automotive fuels. “In the EU, the volume of retail trade increased by 1.3% for automotive fuels, by 0.6% for non-food products and by 0.2% for food, drinks and tobacco,” as indicated by the Eurostat.

Furthermore, among the member states, Eurostat noted, the highest monthly decreases in total retail trade were observed in Latvia (-5.4%), Austria (-2.8%) and Estonia (-2.6%). The highest increases were observed in Slovenia (+13.0%), Portugal (+2.3%) and Denmark (+2.2%).

Annual comparison by Retail Sector and by Member State

According to Eurostat, “in the euro area in October 2021, compared with October 2020, the volume of retail trade increased by 8.5% for automotive fuels and by 2.5% non-food products, while it fell for food, drinks and tobacco by 1.2%.” Additionally, in the EU, the volume of retail trade climbed by 9.0% for automotive fuels, by 3.8% for non-food, and increased by 0.8% for food, drinks and tobacco.

Among Member States for which data are available, the highest annual increases in total retail trade were recorded in Slovenia (+34.3%), Poland (+12.4%) and Estonia (+11.0%). The largest decreases were observed in Germany (-2.8%), Latvia (-2.3%) and Ireland (-1.9%).

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.