Retail trade volume in June down 1.2% in euro area; 1.3% in EU

In June 2022 compared with June 2021, the calendar adjusted retail sales index decreased by 3.7 per cent in the euro area and by 2.8 per cent in the EU.

In the euro area in June 2022, compared with May 2022, the volume of retail trade decreased by 2.6 per cent for non-food products, and the same decreased by 2.6 per cent in EU, Eurostat said.

Among Member States for which data are available, the largest monthly decreases in the total retail trade volume were registered in Denmark (-3.8 per cent), the Netherlands (-3.4 per cent) and Estonia (-2.4 per cent). Increases were observed in Ireland and Malta (both +0.5 per cent), Finland (+0.3 per cent) and Austria (+0.2 per cent).

Compared with June 2021, the volume of retail trade for non-food products in June 2022 decreased by 4.8 per cent in the euro area and by 3.9 per cent in the EU.

Among Member States for which data are available, the largest yearly decreases in the total retail trade volume were registered in Denmark (-9.5 per cent), Germany and Ireland (both -8.8 per cent) and the Netherlands (-6.1 per cent). The highest increases were observed in Slovenia (+22.1 per cent), Poland (+9.3 per cent) and Cyprus (+8.4 per cent).

ALCHEMPro News Desk (KD)