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EU's retail trade volume up in February

EU's retail trade volume up in February
Estonia sees largest monthly rise in retail trade volume, while Ireland posts highest decline

By Aysu Bicer

ANKARA (AA) - The EU's retail trade volume was up 0.8% month-on-month in February, the EU's statistical authority announced on Friday.

"In February, compared with February 2019, the calendar adjusted retail sales index increased by 3.2% in the EU," said Eurostat.

In the month, the retail trade volume increased by 2.1% for food, drinks and tobacco, by 0.2% for non-food products and by 0.1% for automotive fuels.

Among member states for which data are available, Estonia (4.4%) posted the largest rise in the total retail trade volume, followed by Latvia (3.5%) and Portugal (3%) respectively, the statistical office said.

"Decreases were observed in Ireland (-2.7%), Slovenia (-1.8%), Croatia and Poland (both -0.2%)," it added.

In the EU in February, compared with the same month last year, the retail trade volume increased by 3.6% for non-food products, by 3.1% for food, drinks and tobacco and by 0.6% for automotive fuel.

The highest yearly increases in the total retail trade volume were registered in Romania (+11.9%), Hungary (+11.4%) and Portugal (+8.7%). A decrease was observed in Slovenia (-5.2%).

source: News Feed
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