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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

June 06, 2023
EU AND EURO AREA RETAIL TRADE, APRIL 2023

                                                                                                                               

Month-over-month (Apr 2023 vs. Mar 2023, seasonally adjusted turnover value)

In the European Union, retail sales were up 0.1%. In the Euro Area, retail sales were up 0.3%.

 

Year-over-year (seasonally adjusted turnover value)

In the European Union, on a year-over-year basis, retail sales were up 5.4% in April 2023 vs. April 2022. In the Euro Area, retail sales were up 5.0% in April 2023 vs. April 2022.

 

Year-to-date (Jan-Apr 2023 vs. Jan-Apr 2022, seasonally adjusted turnover value)

In the European Union, retail sales were up 6.4%. In the Euro Area, retail sales were up 5.7%.

By member state, where data is available, the strongest growth in annual retail sales occurred in Romania, Bulgaria, and Cyprus. The weakest growth was reported in Germany, Denmark, Estonia and Belgium. 

Note: Countries in the Euro Area are a subset of the countries in the European Union and contribute to the EU average. Individual countries reported with green bars are in the European Union but not in the Euro Area. With the addition of Croatia as of January 1, 2023, the Euro Area increased to 20 countries.

Source:  EuroStat. Database



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