In July 2022 compared to July 2021, the calendar-adjusted retail sales index fell by 0.9% in the euro area and by 0.5% in the EU, Eurostat said in a press release.
In July 2022, the seasonally adjusted volume of retail trade increased by 0.3% in both the euro area and the European Union (EU) compared to June 2022, according to Eurostat estimates, the EU statistical office. In June 2022, retail trade volume decreased by 1% in both the euro area and the EU.
In the euro area in July 2022 compared to June 2022, the volume of retail trade increased by 0.4% for motor fuels and by 0.1% for food products, beverages and tobacco, while it fell by 0.4% for non-food products. Compared to July 2021, retail trade volume decreased by 2.4% for food, beverages and tobacco and by 0.9% for non-food products, while it increased by 0. 6% for automotive fuels.
In the EU, compared to June 2022, retail trade volume increased by 0.3% for motor fuels, while it decreased by 0.2% for non-food products and by 0.1 % for food, beverages and tobacco in July this year. . Compared to July 2021, retail trade volume decreased by 2% for food, beverages and tobacco and by 0.7% for non-food products, while it increased by 1.3% for automotive fuels.
Among the Member States for which data are available, the highest monthly increases in total retail trade volume were recorded in Germany (+1.9%), the Netherlands (+1.7%), Luxembourg and in Poland (+1.5% each). The largest decreases were observed in Austria (-1.8 percent), Finland (-1.7 percent) and Spain (-1 percent).
The largest annual declines in total retail trade volume were recorded in Denmark (-7.7 percent), Luxembourg (-6.3 percent) and Ireland (-5.6 percent). The highest increases were observed in Slovenia (+25 percent), Malta (+9 percent) and Poland (+7.6 percent).
Fibre2Fashion (KD) News Desk