Eurozone retail trade volume down in May

Eurozone retail trade volume down in May

Croatia sees largest monthly fall in retail trade volume while Portugal posts highest increase

By Muhammed Ali Gurtas

ANKARA (AA) - The eurozone retail trade volume posted a 0.3% monthly fall in May, the EU's statistical office announced Thursday.

Eurostat noted that the figure also saw a 0.4% decrease in the EU28 over the same period.

In the previous month, the retail trade volume decreased by 0.1% both in the euro area and in the EU28.

The eurozone/euro area or EA19 represents member states that use the single currency -- euro -- while the EU28 includes all member countries of the bloc.

"In the euro area in May 2019, compared with April 2019, the volume of retail trade decreased by 1.3% for automotive fuel, by 0.5% for food, drinks and tobacco, and by 0.1% for non-food products," Eurostat said.

Official data revealed that the retail trade volume in the EU28 dropped 1.6% for automotive fuel, by 0.5% for food, drinks and tobacco, and by 0.3% for nonfood products.

"Among member states for which data are available, the largest decreases in the total retail trade volume were registered in Croatia (down 4.4%), Lithuania (down 3.0%) and Sweden (down 2.8%).

"The highest increases were observed in Portugal (up 1.5%), Spain (up 1.1%) and Belgium (up 1.0%)," the statistical office said.

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