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Volume of retail trade down 11.2% in euro area

Christian Fernsby ▼ | May 6, 2020
In March 2020, the coronavirus containment measures widely introduced by Member States had a significant impact on retail trade, as the seasonally adjusted volume of retail trade decreased by 11.2% in the euro area and by 10.4% in the EU, compared with February 2020, according to estimates from Eurostat.
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Estimates   Europe factory
In February 2020, the retail trade volume increased by 0.6% in the euro area and by 0.5% in the EU. In March 2020 compared with March 2019, the calendar adjusted retail sales index decreased by 9.2% in the euro area and by 8.2% in the EU.

Annual comparison by retail sector and by Member State

In the euro area in March 2020, compared with March 2019, the volume of retail trade decreased by 21.7% for non-food products and by 21.3% for automotive fuels, while food, drinks and tobacco increased by 8.3%.

In the EU, the volume of retail trade decreased by 20.1% for automotive fuels and by 19.5% for non-food products, while food, drinks and tobacco increased by 8.1%.

Among Member States for which data are available, the largest annual decreases in the total retail trade volume were registered in France (-16.0%), Slovenia (-15.1%) and Bulgaria (-14.6%). The highest increases were observed in Hungary (+3.5%), Romania (+3.1%) and Ireland (+3.0%).

The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

Monthly comparison by retail sector and by Member State

In the euro area in March 2020, compared with February 2020, the volume of retail trade decreased by 23.1% for non-food products and by 20.8% for automotive fuels, while food, drinks and tobacco increased by 5.0%.

In the EU, the volume of retail trade decreased by 21.3% for non-food products and by 19.3% for automotive fuels, while food, drinks and tobacco increased by 4.7%.

Among Member States for which data are available, the largest decreases in the total retail trade volume were registered in Bulgaria (-18.1%), France (-17.4%) and Luxembourg (-16.4%). An increase was observed in Ireland (+0.1%).


 

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