January 2018 compared with December 2017 – Volume of retail trade down by 0.1% in both euro area and EU28

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http://maltawinds.com/2018/03/05/january-2018-compared-december-2017-volume-retail-trade-0-1-euro-area-eu28/

In January 2018 compared with December 2017, the seasonally adjusted volume of retail trade decreased by 0.1% in both the euro area (EA19) and in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December 2017, the retail trade volume fell by 1.0% in the euro area and by 0.9% in the EU28.

In January 2018 compared with January 2017, the calendar adjusted retail sales index increased by 2.3% in the euro area and by 2.7% in the EU28.

Monthly comparison by retail sector and by Member State

The 0.1% decrease in the volume of retail trade in the euro area in January 2018, compared with December 2017, is due to falls of 0.3% for non-food products and of 0.2% for “Food, drinks and tobacco”, while automotive fuel rose by 0.1%. In the EU28, the 0.1% decrease in the volume of retail trade is due to falls of 0.3% for “Food, drinks and tobacco” and of 0.2% for non-food products, while automotive fuel rose by 0.3%.

Among Member States for which data are available, the largest decreases in the total retail trade volume were registered in Estonia (-2.4), Belgium (-1.6%) and Malta (-1.4%), while the highest increases were observed in Latvia (+2.1%), Finland (+1.3%), Hungary (+1.1%) and Austria (+0.7%).

Annual comparison by retail sector and by Member State

The 2.3% increase in the volume of retail trade in the euro area in January 2018, compared with January 2017, is due to rises of 3.8% for non-food products, of 0.8% for “Food, drinks and tobacco” and of 0.2% for automotive fuel. In the EU28, the 2.7% increase in retail trade volume is due to rises of 4.2% for non-food products, of 1.7% for automotive fuel and of 0.6% for “Food, drinks and tobacco”.

Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Romania (+11.0%), Hungary (+7.5%), Latvia (+7.2%) and France (+6.3%), while decreases were observed in Estonia (-0.9%) and Belgium (-0.2%).