1. Market Data
July 4, 2014

Eurozone retail sales flat in EA18, down fell by 0.1% in EU28: Eurostat

Retail sales volume, seasonally adjusted, remained unchanged in euro area (EA18) and fell in the European Union (EU28) in May 2014, as against the corresponding period a year ago, according to the data released by Eurostat.

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.

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.