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Volume of retail trade down by 1.3% in euro area

Christian Fernsby ▼ | September 3, 2020
In July 2020, a month marked by some relaxation of COVID-19 containment measures in many Member States, the seasonally adjusted volume of retail trade decreased by 1.3% in the euro area and by 0.8% in the EU, compared with June 2020, according to estimates from Eurostat.
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2020, the retail trade volume increased by 5.3% in the euro area and by 5.1% in the EU. In July 2020 compared with July 2019, the calendar adjusted retail sales index increased by 0.4% in the euro area and by 0.7% in the EU.

Topics: Euro

Monthly comparison by retail sector and by Member State

In the euro area in July 2020, compared with June 2020, the volume of retail trade decreased by 2.9% for non-food products, remained unchanged for food, drinks and tobacco and increased by 4.3% for automotive fuels. In the EU, the volume of retail trade decreased by 2.3% for non-food products while it increased by 0.1% for food, drinks and tobacco and by 4.6% for automotive fuels.

Among Member States for which data are available, the largest decreases in the total retail trade volume were registered in Belgium (-5.1%), Finland (-2.0%) and Estonia (-1.5%). The highest increases were observed in Portugal and Romania (both +3.9%) as well as Malta (+3.2%).

Annual comparison by retail sector and by Member State

In the euro area in July 2020, compared with July 2019, the volume of retail trade increased by 1.5% for food, drinks and tobacco and by 0.5% for non-food products while automotive fuel decreased by 10.8%. In the EU, the retail trade volume increased by 1.5% for non-food products and by 1.1% for food, drinks and tobacco while automotive fuels decreased by 9.6%.

Among Member States for which data are available, the highest yearly increases in the total retail trade volume were registered in Ireland (+9.1%), Lithuania (+6.8%) and the Netherlands (+6.0%). The largest decreases were observed in Bulgaria (-17.5%), Malta (-8.1%) and Luxembourg (-6.1%).

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.


 

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