February 05, 2021
The seasonally adjusted volume of retail trade increased by 2.0% in the euro area and by 1.4% in the EU during December 2020, compared with November 2020, according to Eurostat, the Statistical Office of the European Union. Furthermore, in November 2020, it was observed that the retail trade volume decreased by 5.7% in the euro area and by 4.9% in the EU.
In comparison to December 2019, December 2020’s calendar adjusted retail sales index rose by 0.6% in the euro area and by 0.5% in EU. Also, the annual average retail trade for the year 2020, compared with 2019, fell by 1.2% in the euro area and by 0.8% in the EU.
Monthly comparison by retail sector and by Member State
In comparison to November 2020, the volume of retail trade increased in the euro area in December 2020 by 5.1% for automotive fuels, by 1.5% for non-food products (within this category mail orders and textile, clothing and footwear increased by 12.4%) and by 1.9% for food, drinks, and tobacco. In the EU, “the volume of retail trade increased by 4.0% for automotive fuels, by 1.7% for food, drinks and tobacco and by 0.7% for non-food products (textile, clothing and footwear +10.0%),” as indicated by the Eurostat.
Furthermore, among the member states, Eurostat noted, “the highest increases in the total retail trade volume were observed in France (+22.3%), Belgium (+15.9%) and Ireland (+11.4%). The largest decreases were registered in the Netherlands (-10.9%), Germany (-9.6%) and Denmark (-8.0%).”
Annual comparison by Retail Sector and by Member State
Eurostat also noted that, “in the euro area in December 2020, compared with December 2019, the volume of retail trade increased by 5.6% for food, drinks and tobacco, while it decreased by 0.8% for non-food products (within this category textiles, clothes and footwear decreased by 29.0%) and by 14.1% for automotive fuels. In the EU, the retail trade volume increased by 5.0% for food, drinks and tobacco, while it decreased by 0.6% for non-food products (textiles, clothes and footwear -28.4%) and by 12.9% for automotive fuels.”
Among Member States for which data are available, the largest yearly rises in the total retail trade volume were registered in n Ireland (+11.1%), France (+9.1%) and Estonia (+5.9%). The largest decreases were observed in Slovenia (-13.3%), Bulgaria (-12.0%) and the Netherlands (-5.7%).
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