Analytics, EU – Baltic States, Markets and Companies, Retail
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Friday, 29.03.2024, 06:38
The annual retail trade turnover in EU increased by 2.7% in July
The highest increases in total retail trade was observed in Romania – 9.6%, followed by Estonia –7.8%, Hungary – 7%, and Ireland – 6.4%.
In Lithuania, year-on-year retail trade turnover rose by 5.3%.
Meanwhile, a reduction in retail trade turnover was only registered in Luxembourg – by 10.5% and Finland – by 0.3%.
The annual retail trade turnover increased by 2.7% in the euro area, and by 3.3% in the European Union.
Meanwhile, when compared to the previous month, retail trade turnover in the EU increased by 0.3%, but in the eurozone by 0.4%.
The highest monthly increases in total retail trade were registered in Estonia – 2.5%, Germany – by 1.4%, as well as Malta, Portugal and Romania – by 1.1% each.
The largest decreases were registered in Luxembourg – 1.2%, Poland – 1.1%, as well as Austria – 0.9%.
In Latvia, month-on-month retail trade turnover in July increased by 0.3%, but in Lithuania it remained unchanged.