Analytics, EU – Baltic States, Markets and Companies, Retail

The highest increase in retail sales in September, was registered in Luxembourg – 12.3%, Estonia – 9.1%, and Bulgaria – 5.6%. In Lithuania, retail trade turnover increased by 4.9%, the fifth fastest increase.

Meanwhile, Finland registered the largest reduction in retail sales – 3.2%, followed by Poland – 1.8%, as well as Germany and Denmark – by 0.8% each.

In comparison with September 2013, retail sales turnover in all EU countries grew one% in September 2014, while the eurozone registered a 0.6% increase.

Meanwhile, when compared to the previous month, retail sales turnover in the eurozone reduced by 1.3% in September, and in the EU by 1.2%.

The fastest month-on-month increase of retail sales turnover was registered in Malta – by one%, Luxembourg – by 0.9%, as well as Hungary and Slovakia – by 0.7% each.

Meanwhile, the largest retail sales decline was registered in Germany – by 3.2%, Portugal – by 2.5%, and Poland – by 2.4%.

Latvia saw a month-on-month reduction of 0.3% in retail trade sales in September, Lithuania registered a 0.2% increase, while Estonia saw a 0.6% rise.