Retail trade volume up 0.5% MoM in euro area, 0.3% MoM in EU in Sept

In August this year, retail trade volume grew by 1.1 per cent MoM in the euro area and by 0.9 per cent MoM in the EU.

The calendar-adjusted retail sales index increased by 2.9 per cent year on year (YoY) the euro area and by 2.8 per cent YoY in the EU in September, a release from Eurostat said.

The highest MoM increases in the total retail trade volume were recorded in Belgium, Denmark and Croatia (all plus 2.1 per cent), Germany (plus 1.2 per cent), Austria and Slovakia (both plus 1.1 per cent). The largest decreases were observed in Slovenia (minus 2.6 per cent), Poland (minus 2 per cent) and Finland (minus 1.6 per cent).

The highest YoY increases in the total retail trade volume were recorded in Luxembourg (plus 13.1 per cent), Romania (plus 10.3 per cent) and Croatia (plus 7.1 per cent). The largest decreases were observed in Estonia (minus 4.4 per cent), Poland and Slovenia (both minus 3 per cent) and Finland (minus 2.1 per cent).

ALCHEMPro News Desk (DS)