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Eurozone's retail trade volume up in Aug

Eurozone's retail trade volume up in Aug
Portugal sees largest monthly increase in retail trade volume while Croatia posts highest decline

By Gokhan Ergocun

ISTANBUL (AA) - The eurozone retail trade volume rose 0.3% month-on-month in August, the EU's statistical office announced on Thursday.

The figure also rose 0.2% in the EU28 in August compared to July, Eurostat said.

In July, the retail trade volume fell 0.5% from June in the eurozone and 0.4% in the EU28.

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

In the euro area, "The volume of retail trade increased 0.4% for nonfood products and 0.1% for automotive fuels, while food, drinks and tobacco remained unchanged" in August, versus July.

In the EU28 side, retail trade soared 0.3% for non-food products, 0.2% for automotive fuels, and 0.1% for food, drinks and tobacco.

Among member states for which data are available, Portugal (1.1%) posted the largest rise in the total retail trade volume, followed by Estonia (1%) and Finland (0.8%) respectively, the statistical office said.

"The largest drops were observed in Austria, Slovakia (both -1.3%) and Croatia (-1.1%)," it added.

source: News Feed
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