Volume of retail trade up by 0.2% in euro area and by 0.3% in the EU

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%).

 

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