EU retail trade volume level returns to pre-COVID level

Aug 19, 2020  |  by Zhao xh


In June 2020, a month marked by some relaxation of COVID-19 containment measures in many member states, the seasonally adjusted volume of retail trade increased by 5.2 percent, compared with May 2020, in the EU. This means that retail trade volume has returned to the levels recorded in February 2020, before the start of containment measures.
In the euro area comprising 19 EU member states, the seasonally adjusted volume of retail trade increased by 5.7 percent in June 2020 over May 2020, according to estimates from Eurostat, the statistical office of the European Union. In May 2020, the retail trade volume increased by 20.3 percent in the euro area and by 18.3 percent in the EU.
 
In June 2020 compared with June 2019, the calendar adjusted retail sales index increased by 1.3 percent in both the euro area and EU.
 
In June 2020, compared with May 2020, among the EU member states for which data are available, the highest increases in the total retail trade volume were registered in Ireland (+21.9 percent), Spain (+16.5 percent) and Italy (+13.8 percent). Decreases were observed in Austria (-2.5 percent) and Germany (-1.6 percent), the Eurostat data showed.
 
In June 2020, compared with June 2019, among the EU member states for which data are available, the highest yearly increases in the total retail trade volume were registered in Ireland (+10.2 percent), Estonia (+6.6 percent) and Denmark (+6.5 percent). The largest decreases were observed in Bulgaria (-18.1 percent), Malta (-8.4 percent) and Luxembourg (-7.7 percent).
Source: fibre2fashion.com.

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