Retail sales volume fell by 0.1% in EU28 in May compared to March. Retail trade decreased by 0.2% in the euro area and rose by 0.2% in the EU28.
Year-on-Year (y-o-y), the retail sales index rose by 0.7% in the euro area and by 1.2% in the EU28.
Month-on-month, retail trade volume in the euro area remained stable in May 2014, compared with April 2014, due to rise of 0.3% for the non-food sector, while automotive fuel sales remained unchanged.
Food, drinks and tobacco fell by 0.3%. In the EU28, the 0.1% decrease in retail trade was attributed to a rise of 0.2% for the non-food sector, while automotive fuel remained unchanged and food, drinks and tobacco fell by 0.7%.
Geographically, the highest increases in total retail trade were registered in Portugal (+2.9%), Romania (+1.9%) and Malta (+1.6%), and the largest decreases in Latvia (-3.0%), Slovenia (-2.9%) and Estonia (-1.5%).
Year-on-year, the 0.7% increase in the volume of retail trade in the euro area in May 2014, compared with May 2013, was due to rise of 1.0% for the non-food sector, 0.8% for automotive fuel, and 0.3% for food, drinks and tobacco.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
In the EU28, the 1.2% increase in retail trade is due to rise of 2.1% for the non-food sector and 0.4% for food, drinks and tobacco, while automotive fuel sales remained stable.
The highest increases in total retail trade were observed in Luxembourg, Romania, Hungary, Lithuania, and Estonia, while decreases were registered in Slovenia, Austria, Poland, Germany, and Finland.