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Euro area & EU's September volume of retail trade goes up by 0.4%

09 Nov '22
2 min read
Pic: Shutterstock
Pic: Shutterstock

Euro area and the European Union’s (EU) seasonally adjusted volume of retail trade grew by 0.4 per cent in September 2022, compared with August 2022, according to estimates from Eurostat, the statistical office of the EU. As compared to September 2021, the calendar adjusted retail sales index in September 2022 decreased by 0.6 per cent in the euro area and by 0.3 per cent in the EU.

In August 2022, the retail trade volume remained stable in both the euro area and the EU.

For both euro area and the EU in September 2022, compared with August 2022, the volume of retail trade increased by 1.0 per cent for non-food products. Among member states for which data are available, the highest monthly increases in the total retail trade volume were registered in Austria (3.9 per cent), Malta (1.7 per cent), and Poland (1.4 per cent). The largest decreases were observed in Slovenia (3.7 per cent), Ireland and Portugal (both 2.0 per cent), and Slovakia (1.3 per cent).

In September 2022, compared with September 2021, the volume of retail trade for non-food products decreased by 0.3 per cent for the euro area, while in the EU, it decreased by 0.1 per cent. Among member states for which data are available, the largest yearly decreases in the total retail trade volume were registered in Ireland (6.8 per cent), Denmark (6.3 per cent), and Estonia (5.9 per cent). The highest increases were observed in Slovenia (23.9 per cent), Poland (8.4 per cent), and Malta (7.4 per cent).

ALCHEMPro News Desk (DP)

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