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News : EU Economy Last Updated: Oct 5, 2010 - 3:59:41 PM

Volume of retail trade in month of August dipped by 0.4% in Eurozone
By Finfacts Team
Oct 5, 2010 - 11:23:45 AM

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Eurozone retail sales volume in the month of August dipped by 0.4% in the Eurozone (EA16) and by 0.3% in the EU27. In July retail trade rose by 0.1% in both zones.  These first estimates come from Eurostat, the statistics office of the European Union.

In August 20104, compared with August 2009, the retail sales index grew by 0.6% in the Eurozone and by 0.8% in the EU27.

There is no data for Ireland.

Monthly changes: In August 2010, compared with July 2010, "Food, drinks and tobacco" fell by 0.7% in the Eurozone and by 1.0% in the EU27. The non food sector grew by 0.3% and 0.4% respectively.

Among the Member States for which data are available, total retail trade fell in thirteen and increased in six. The largest decreases were recorded in Austria (-3.6%), Slovenia (-2.6%) and Malta (-2.1%), and the highest increases in Romania (+5.2%), Lithuania (+1.3%) and Spain (+1.1%).

Annual changes: In August 2010, compared with August 2009, "Food, drinks and tobacco" fell by 1.1% in the Eurozone and by 1.7% in the EU27. The non food sector rose by 2.5% and 3.6% respectively.

Among the Member States for which data are available, total retail trade rose in ten and decreased in nine. The highest increases were observed in Poland (+6.7%), Finland (+5.5%) and Latvia (+4.6%), and the largest decreases in Lithuania (-6.9%), Spain (-4.6%) and Bulgaria (-4.3%).

The Eurozone (EA16) includes Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).

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