Analytics, EU – Baltic States, Markets and Companies, Retail
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Tuesday, 23.04.2024, 21:33
Latvia registers EU's largest increase in monthly retail-trade turnover
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The highest increases in total retail trade was observed in Luxembourg – 10.2%, followed by Latvia, and Poland – 8.3%.
In Lithuania, year-on-year retail trade turnover rose by five%, but in Estonia – by 5.1%.
Meanwhile, a reduction in retail trade turnover was only registered in Slovakia – by 0.3%.
The annual retail trade turnover increased by three% in the euro area, and by 3.6% in the European Union.
Meanwhile, when compared to the previous month, retail trade turnover in the EU remained unchanged, but in the eurozone reduced by 0.2%.
The highest monthly increases in total retail trade were registered in Latvia – 1.2%, Malta and Slovenia – by 1.1% each, and Lithuania – 1%.
The largest decreases were registered in Romania – 1.4%, Portugal – 1.2%, as well as Spain – 0.7%.
In Estonia, the total retail trade in February, compared to January, decreased by 0.6%.
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