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Friday, 19.04.2024, 21:30
Estonia registers second fastest retail sales growth in EU in October
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The highest increase in retail sales in October was registered in Luxembourg – 12.5%, Estonia – 6.9%, and Slovakia – 6.5%.
In Lithuania, retail trade turnover increased by 4.8%, the seventh fastest increase.
Meanwhile, Malta and Slovenia registered the only reduction in retail trade turnover – by 3.7% and 0.1% respectively.
In comparison with October 2013, retail sales turnover in all EU countries grew two% in October 2014, while the eurozone registered a 1.4% increase.
Meanwhile, when compared to the previous month, retail sales turnover in the eurozone increased by 0.4% in October, and in the EU by 0.7%.
The fastest month-on-month increase of retail sales turnover was registered in Finland – by 2.7%, Germany and Great Britain – by 1.9% each, as well as Latvia and Slovakia – by 1.5% each.
Meanwhile, the largest retail sales decline was registered in Slovenia – by 1.9%, Portugal – by 1.6%, and Austria – by 1.2%.
Latvia saw a month-on-month increase of 0.4% in retail trade sales in October, while Estonia registered a 1% increase.
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