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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 08:18

Volume of retail trade fell by 0.8% in euro area in March

BC, Vilnius, 07.05.2015.Print version
In March 2015, compared with February 2015, the seasonally adjusted volume of retail trade fell by 0.8% in the euro area and by 0.6% in the European Union (EU), according to estimates from Eurostat, the statistical office of the European Union, cites LETA/ELTA.

In March 2015 compared with March 2014 the retail sales index increased by 1.6% in the euro area and by 2.5% in the EU.

 

In March 2015 compared with February 2015, volume of retail trade in Lithuania increased by 0.8%, whereas compared with March 2014 it grew by 4.7%.

 

The 0.8% decrease in the volume of retail trade in the euro area in March 2015, compared with February 2015, is due to falls of 2.7% for automotive fuel, of 0.8% for the non-food sector and of 0.6% for "Food, drinks and tobacco". In the EU, the 0.6% decrease in retail trade is due to falls of 2.9% for automotive fuel, of 0.5% for the non-food sector and of 0.3% for "Food, drinks and tobacco".

 

Among Member States for which data are available, the highest increases in total retail trade were registered in Poland (+1.5%), Slovakia (+1.1%) and Denmark (+0.9%), while the largest decreases were observed in Portugal (-3.5%), Slovenia (-2.8%) and Germany (-2.3%).

 

The 1.6% increase in the volume of retail trade in the euro area in March 2015, compared with March 2014, is due to rises of 3.0% for the non-food sector and of 0.1% for "Food, drinks and tobacco", while automotive fuel fell by 0.7%. In the EU, the 2.5% increase in retail trade is due to rises of 3.8% for the non-food sector and of 1.7% for "Food, drinks and tobacco", while automotive fuel fell by 1.0%.

 

Among Member States for which data are available, the highest increases in total retail trade were observed in Malta (+8.9%), Poland (+8.7%), Latvia (+6.5%) and Ireland (+6.4%), while decreases were observed in Slovenia (-1.8%), Romania (-1.3%), Belgium (-0.9%) and Finland (-0.3%).






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