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News : EU Economy Last Updated: Mar 3, 2011 - 3:45 PM

Eurozone retail sales volume rose 0.4% in month of January; German sales rose 1.4%
By Finfacts Team
Mar 3, 2011 - 3:31 PM

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In the month of January 2011, the volume of retail trade rose by 0.4% in the Eurozone (EA17) and by 0.6% in the EU27. In December 2010 retail trade fell by 0.4% and 0.3% respectively. Earlier today Germany reported a rise of 1.4% in the month.

In January 2011, compared with January 2010, the retail sales index increased by 0.7% in the Eurozone and by 1.9% in the EU27.

Monthly changes In January 2011, compared with December 2010, "Food, drinks and tobacco" gained 0.1% in the Eurozone, but fell by 0.3% in the EU27 . The non food sector rose by 0.6% and 1.3% respectively.

Among the member countries for which data are available, total retail trade increased in nine and declined in nine. The highest increases were observed in  Slovenia (+4.6%), Lithuania (+4.3%) and Bulgaria (+2.1%), and the largest decreases in Estonia (-4.2%), Latvia and Malta (both -1.7%).

Ireland was up 2% in the month.

Annual changes

In January 2011, compared with January 2010, "Food, drinks and tobacco" fell by 0.8% in the Eurozone and by 1.3% in the EU27. The non food sector increased by 1.5% and 4.2% respectively.

Among the member countries for which data are available, total retail trade rose in nine and decreased in nine. The highest increases were observed in Poland (+13.1%), the United Kingdom (+5.6%) and France (+4.3%), and the largest decreases in Malta (-9.7%), Romania (-5.8%) and Portugal (-5.4%).

Ireland was down 0.7%.

These first estimates come from Eurostat, the statistics office of the European Union.

The Eurozone (EA16) consisted of 16 Member States up to 31 December 2010: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. From 1 January 2011 the Eurozone (EA17) also includes Estonia.

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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