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4 Feb 2015
Volume of European retail trade up by 0.3 percent
FXStreet (London) - In December 2014 compared with November 2014, the seasonally adjusted volume of retail trade1 rose by 0.3 percent in both the euro area and the 28-member European Union, according to estimates from Eurostat, the statistical office of the European Union.
In November retail trade rose by 0.7 percent and 0.9 percent respectively. In December 2014 compared with December 20134 the retail sales index increased by 2.8 percent in the euro area and by 3.2 percent in the EU. The average of retail trade for the year 2014, compared with 2013, rose by 1.3 percent in the euro area and by 1.9 percent in the EU.
The 0.3 percent increase in the volume of retail trade in the euro area in December 2014, compared with November 2014, was due to rises of 0.4 percent for automotive fuel and of 0.3 percent for both the non-food sector and for “Food, drinks and tobacco”.
In the EU, the 0.3 percent increase in retail trade was due to rises of 0.7 percent for automotive fuel, of 0.4 percent for “Food, drinks and tobacco” and of 0.2 percent for the non-food sector. Among Member States for which data are available, the highest increases in total retail trade were registered in Ireland (+1.8 percent), Austria (+1.6 percent), Spain and Slovakia (both +1.1 percent), and the largest decreases in Portugal (-3.8 percent), Estonia (-1.7 percent), Denmark and Slovenia (both -1.5 percent).
In November retail trade rose by 0.7 percent and 0.9 percent respectively. In December 2014 compared with December 20134 the retail sales index increased by 2.8 percent in the euro area and by 3.2 percent in the EU. The average of retail trade for the year 2014, compared with 2013, rose by 1.3 percent in the euro area and by 1.9 percent in the EU.
The 0.3 percent increase in the volume of retail trade in the euro area in December 2014, compared with November 2014, was due to rises of 0.4 percent for automotive fuel and of 0.3 percent for both the non-food sector and for “Food, drinks and tobacco”.
In the EU, the 0.3 percent increase in retail trade was due to rises of 0.7 percent for automotive fuel, of 0.4 percent for “Food, drinks and tobacco” and of 0.2 percent for the non-food sector. Among Member States for which data are available, the highest increases in total retail trade were registered in Ireland (+1.8 percent), Austria (+1.6 percent), Spain and Slovakia (both +1.1 percent), and the largest decreases in Portugal (-3.8 percent), Estonia (-1.7 percent), Denmark and Slovenia (both -1.5 percent).