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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

March 06, 2018
EU AND EURO AREA RETAIL TRADE, JANUARY 2018

Retail sales in the European Union were up 0.1 per cent in January (seasonally adjusted index of turnover value) over December 2017.  For the Euro Area, retail sales were unchanged in January 2018 over December 2017. 

 

Year-over-year

On a year-over-year basis, EU retail sales values (seasonally and calendar adjusted - not deflated) are up 3.7 per cent compared with January 2017.  Euro Area retail sales are up 2.8 per cent year-over-year.  By member state, the strongest growth, where data is available,  is found among  Romania (16.2%), Lithuania (8.9%), and Latvia (8.6%). Growth is down in Denmark (-0.7%).

*  data previous month

 

By retail sector, the strongest growth is found in mail order and internet sales. However,  year-over-year retail sales  growth would be attributable to  increases in food beverage and tobacco (+2.7%) and automotive fuels (+3.8%). 

                                                                                                       

Source:   EuroStat  News Releases,  Database,  Sectors

 



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