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Wednesday, 08.05.2024, 01:56
Estonia registers second fastest retail sales growth in EU in August
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The highest increase in retail sales in August, was registered in Luxembourg – 12.5%, Estonia – 6.7%, Great Britain – 5.6%, Lithuania and Romania – 4.7% each, as well as Bulgaria – 4.5%.
An increase in retail trade turnover in August was registered in all countries from which information was available.
In comparison with August 2013, retail sales turnover in all EU countries grew 2.5% in August 2014, while the eurozone registered a 1.9% increase.
Meanwhile, when compared to the previous month, retail sales turnover in the eurozone grew by 1.2% in August, and in the EU increased by 1.4%.
The fastest month-on-month increase of retail sales turnover was registered in Germany and Luxembourg – 2.5% each, Portugal and Sweden – 2.3% each, as well as Poland – 2.2%.
Meanwhile, the largest retail sales decline was registered in Romania and Slovakia – by 0.6% each.
Lithuania and Estonia each saw a 0.1% increase in retail trade turnover in August, while Latvia saw a 0.2% reduction.
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