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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

January 09, 2025
EU AND EURO AREA RETAIL TRADE, NOVEMBER 2024

Month-over-month (November 2024 vs. October 2024, seasonally adjusted turnover value)

In the European Union, retail sales values were up 0.4%. In the Euro Area, retail sales values were up 0.3% from the previous month.                                      

Year-over-year (November 2024 vs. November 2023, seasonally adjusted turnover value)

In the European Union, on a year-over-year basis, retail sales were up 2.4%. In the Euro Area, retail sales were up 1.9% in November 2024.

Year-to-date (Jan-Nov 2024 vs. Jan-Nov 2023, seasonally adjusted turnover value)

In the European Union, retail sales were up 2.2%. In the Euro Area, retail sales were up 1.8%.

By member state, where data is available, the strongest growth in year-to-date retail sales occurred in Romania (January-October), Luxembourg, and Croatia. Finland, Estonia, and Belgium were the only countries reporting a year-to-date decline in retail sales during January-November 2024. 

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.

Data for Ireland is suppressed.

Source:  Database  Press release



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