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CliQ INDIA > International > Foreign > Volume of retail trade down by 0.5% in the euro area and by 0.4% in the EU
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Volume of retail trade down by 0.5% in the euro area and by 0.4% in the EU

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Overview

In February 2024, compared with January 2024, the seasonally adjusted retail trade volume decreased by 0.5% in the euro area and by 0.4% in the EU, according to first estimates from Eurostat, the statistical office of the European Union.

In January 2024, retail trade volume remained unchanged in the euro area and grew by 0.2% in the EU.

In February 2024 compared with February 2023, the calendar adjusted retail sales index decreased by 0.7% the euro area and by 0.2% in the EU.

Monthly comparison by retail sector and by Member State

In the euro area in February 2024, compared with January 2024, the volume of retail trade

  • decreased for food, drinks, tobacco by 0.4%,

  • decreased for non-food products (except automotive fuel) by 0.2%,

  • decreased for automotive fuel in specialised stores by 1.4%.

In the EU, the volume of retail trade

  • decreased for food, drinks, tobacco by 0.5%,

  • decreased for non-food products (except automotive fuel) by 0.1%,

  • decreased for automotive fuel in specialised stores by 0.9%.

Among Member States for which data are available, the largest monthly decreases in the total retail trade volume were recorded in Germany (-1.9%), Belgium (-1.8%) and Cyprus (-1.1%). The highest increases were observed in Poland (+1.4%), Croatia (+1.2%) and Estonia (+1.0%).

Annual comparison by retail sector and by Member State 

In the euro area in February 2024, compared with February 2023, the volume of retail trade

  • decreased for food, drinks, tobacco by 1.4%,

  • decreased for non-food products (except automotive fuel) by 0.1%,

  • decreased for automotive fuel in specialised stores by 1.1%.

In the EU, the volume of retail trade

  • decreased for food, drinks, tobacco by 0.9%,

  • increased for non-food products (except automotive fuel) by 0.6%,

  • decreased for automotive fuel in specialised stores by 1.5%.

Among Member States for which data are available, the largest annual decreases in the total retail trade volume were recorded in Belgium (-6.8%), Slovenia (-5.6%) and Finland (-3.7%). The highest increases were observed in Croatia (+9.2%), Romania (+8.7%) and Luxembourg (+6.9%).

Tables

Volume of retail trade

% change compared with the previous month*

Sept-23

Oct-23

Nov-23

Dec-23

Jan-24

Feb-24

0.0

0.3

0.5

-0.6

0.0

-0.5

0.6

-0.6

-0.1

-0.6

0.3

-0.4

-0.7

0.9

0.4

-0.9

0.4

-0.2

0.5

0.1

1.8

0.5

0.2

-1.4

-0.1

0.4

0.4

-0.6

0.2

-0.4

0.6

-0.5

0.0

-0.5

0.3

-0.5

-0.8

1.0

0.4

-0.8

0.5

-0.1

0.6

0.7

0.5

0.7

0.1

-0.9

Volume of retail trade

% change compared with the previous month*

Sept-23

Oct-23

Nov-23

Dec-23

Jan-24

Feb-24

0.0

0.3

0.5

-0.6

0.0

-0.5

-0.1

0.4

0.4

-0.6

0.2

-0.4

0.7

-0.3

0.9

-1.9

-0.7

-1.8

0.1

0.8

0.4

-0.7

0.8

0.9

-0.4

0.8

0.4

0.1

1.0

c

-0.2

1.4

2.7

-2.4

-1.3

-0.1

0.0

1.0

-0.5

-0.3

-0.3

-1.9

0.0

0.0

-0.9

0.2

-2.5

1.0

-1.0

0.1

0.0

0.9

0.2

-0.2

-1.0

-2.1

1.1

2.2

-5.8

c

-0.2

0.6

1.1

-0.8

-0.5

0.5

0.1

-0.1

1.3

-1.1

1.0

-0.3

1.2

1.2

0.9

0.6

0.7

1.2

-0.5

0.3

0.1

c

c

c

0.2

-0.1

1.1

-0.1

1.9

-1.1

0.0

2.5

0.6

0.8

-1.1

0.7

-0.4

0.2

1.0

0.1

0.6

0.7

1.5

1.0

1.5

1.1

1.4

0.2

0.1

-0.2

0.8

1.4

0.0

-0.6

-0.4

0.2

1.2

-1.1

0.1

0.4

0.6

0.2

0.8

-0.4

1.1

0.5

-0.2

-0.7

0.7

-1.7

1.0

0.0

0.1

0.2

-0.7

-0.8

-0.1

1.4

1.0

-0.6

0.5

0.3

-0.3

-0.4

-0.6

1.1

1.7

-0.4

4.6

0.5

0.7

0.9

0.2

-0.4

-1.6

-0.9

-1.4

1.8

0.0

1.7

-1.0

0.9

-0.4

0.2

0.1

-1.0

0.2

-0.9

-1.7

2.5

-1.3

-0.5

0.1

0.4

0.1

0.3

0.3

-1.0

0.0

0.1

-0.3

0.1

0.5

-0.3

0.8

-0.1

Volume of retail trade

% change compared with the same month of the previous year*

Sept-23

Oct-23

Nov-23

Dec-23

Jan-24

Feb-24

-3.4

-1.2

-0.6

-0.6

-0.9

-0.7

-1.1

-1.0

-0.5

-0.1

-1.3

-1.4

-4.1

-0.3

0.3

-0.2

-0.7

-0.1

-6.1

-5.4

-3.1

-3.6

0.4

-1.1

-3.2

-1.0

-0.5

-0.5

-0.6

-0.2

-1.2

-0.9

-0.4

0.4

-0.8

-0.9

-3.8

0.1

0.6

-0.1

-0.5

0.6

-6.3

-5.3

-4.7

-5.4

-0.8

-1.5

Volume of retail trade

% change compared with the same month of the previous year*

Sept-23

Oct-23

Nov-23

Dec-23

Jan-24

Feb-24

-3.4

-1.2

-0.6

-0.6

-0.9

-0.7

-3.2

-1.0

-0.5

-0.5

-0.6

-0.2

-8.9

-4.3

-2.6

-3.7

-3.8

-6.8

0.1

3.4

3.1

0.8

-0.1

3.1

-4.3

-1.8

-0.2

1.2

2.4

c

-0.7

2.7

5.4

5.0

0.9

0.0

-3.9

0.1

-1.6

-0.6

-1.3

-2.8

-5.8

-5.1

-8.5

-4.2

-6.7

-3.5

0.8

0.5

-0.1

1.5

1.2

0.1

-3.4

-6.0

-4.2

0.8

-8.9

c

1.0

2.2

3.9

2.6

0.3

1.8

-3.8

-2.4

0.2

-0.7

0.3

1.0

4.4

6.0

6.8

8.5

7.9

9.2

-4.6

-2.5

-2.3

c

c

c

3.3

3.2

4.2

4.0

5.6

1.2

-3.2

0.1

-0.7

1.4

-1.4

-0.3

-2.3

-0.5

0.3

3.3

-0.8

2.2

5.8

8.8

9.5

2.2

6.5

6.9

-7.4

-6.5

-5.4

-0.2

0.6

1.1

0.6

0.7

5.1

-0.4

1.4

2.5

-2.1

-0.5

-0.5

0.6

1.1

2.1

-7.5

-3.0

-2.0

-3.9

-2.3

-1.7

-0.7

0.8

-1.1

-2.7

-2.1

1.1

0.6

-0.1

1.4

0.7

0.1

0.2

-0.6

0.8

3.4

1.5

7.5

8.7

-6.2

-3.8

-5.1

-3.4

-2.1

-5.6

-7.5

-1.3

-1.7

-3.3

1.7

4.3

-4.4

-2.7

-2.3

-1.3

-2.3

-3.7

-5.5

-0.8

-3.5

-3.0

-3.0

-0.5

-2.1

-1.1

-1.6

-0.3

-1.1

-0.3

-2.9

-2.0

-1.2

-0.1

0.3

-0.2

Volume of retail trade, calendar and seasonally adjusted indices

(base year 2021)

Sept-23

Oct-23

Nov-23

Dec-23

Jan-24

Feb-24

98.5

98.8

99.3

98.7

98.7

98.2

98.8

99.2

99.6

99.0

99.2

98.8

88.3

88.0

88.8

87.1

86.5

84.9

106.0

106.8

107.2

106.5

107.4

108.4

91.5

92.2

92.6

92.7

93.6

c

92.6

93.9

96.4

94.1

92.9

92.8

95.7

96.7

96.2

95.9

95.6

93.8

93.1

93.1

92.3

92.5

90.2

91.1

100.6

100.7

100.7

101.6

101.8

101.6

99.1

97.0

98.1

100.3

94.5

c

104.3

104.9

106.1

105.3

104.8

105.3

100.6

100.5

101.8

100.7

101.7

101.4

105.9

107.2

108.2

108.9

109.7

111.0

97.4

97.7

97.8

c

c

c

110.1

110.0

111.2

111.1

113.2

111.9

100.5

103.0

103.6

104.4

103.3

104.0

98.6

98.8

99.8

99.9

100.5

101.2

103.4

104.4

106.0

107.2

108.7

108.9

96.3

96.1

96.9

98.3

98.3

97.7

112.5

112.7

114.1

112.9

113.0

113.4

99.4

99.6

100.4

100.0

101.1

101.6

95.5

94.8

95.5

93.9

94.8

94.8

107.9

108.1

107.3

106.4

106.3

107.8

106.7

106.1

106.6

106.9

106.6

106.2

105.8

107.0

108.8

108.4

113.4

114.0

98.1

99.0

99.2

98.8

97.2

96.3

98.5

100.3

100.3

102.0

101.0

101.9

92.2

92.4

92.5

91.6

91.8

91.0

91.9

94.2

93.0

92.5

92.6

93.0

92.2

92.5

92.8

91.9

91.9

92.0

97.8

97.9

98.4

98.1

98.9

98.8

Volume of retail trade, calendar adjusted indices

(base year 2021)

Sept-23

Oct-23

Nov-23

Dec-23

Jan-24

Feb-24

95.8

99.9

102.2

115.3

92.9

87.4

96.4

100.4

102.9

115.4

92.6

87.6

84.6

90.1

90.5

102.2

84.0

74.8

107.7

110.5

113.7

118.5

98.5

96.5

88.9

94.7

105.0

114.5

84.4

c

87.8

92.6

103.6

109.4

85.7

80.2

92.0

98.3

102.9

107.1

88.0

84.6

92.9

94.6

93.4

104.8

81.2

77.6

98.4

95.4

115.9

137.8

94.3

94.2

101.1

98.1

98.3

110.9

86.1

c

101.5

103.8

106.1

121.9

104.1

92.0

97.7

101.3

102.9

122.7

97.5

90.3

110.8

105.8

98.9

111.8

89.2

88.8

96.1

101.1

99.8

c

c

c

110.3

111.2

111.9

133.7

102.0

98.4

99.1

101.6

99.3

115.4

91.4

87.9

98.1

100.7

99.0

112.2

89.9

87.0

103.2

107.8

109.5

123.0

104.7

99.0

95.4

99.6

102.1

117.0

85.6

84.8

110.1

114.5

120.3

126.4

101.8

98.4

95.1

100.3

104.8

110.7

95.9

88.7

93.8

97.0

96.2

108.0

86.8

85.1

108.6

110.7

108.2

122.3

96.9

95.7

104.5

105.2

107.5

128.1

97.9

91.7

107.8

109.3

114.9

122.1

100.4

98.8

99.0

101.7

100.9

109.6

89.4

84.1

96.6

102.6

103.8

113.5

91.6

93.0

90.9

92.2

93.5

104.5

80.6

75.8

88.5

94.5

97.7

103.0

81.6

78.3

88.8

90.8

101.0

108.0

82.7

77.7

93.0

97.9

105.7

117.8

92.8

87.8

Notes for users

Revisions and timetable

Data of previous months have been revised compared to those issued in the News Release of 6 March 2024. The monthly percentage change for January 2024 has been revised from +0.1% to 0.0% in the euro area and from +0.3% to +0.2% in the EU. The annual percentage change has been revised from -1.0% to -0.9% in the euro area and remained unchanged at -0.6% in the EU.

Methods and definitions

The index of the volume of retail trade measures the evolution of the turnover in retail trade, adjusted for price changes (deflated), i.e. the evolution of the total amount of goods sold, based on data adjusted for calendar and seasonal effects.

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data.

Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Starting with reference period January 2024, the base year of the data has been changed to 2021, since 2018 the base year had been 2015. More information on the reasons for and impact of the base year change can be found in the related Statistics Explained article.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

For more information

(See file Base year 2021 weights – Euro indicators releases)

https%3A%2F%2Fec.europa.eu%2Feurostat%2Fproduct%3Fcode%3D4-05042024-ap

Contents
OverviewMonthly comparison by retail sector and by Member StateAnnual comparison by retail sector and by Member State TablesNotes for usersRevisions and timetableMethods and definitionsGeographical informationFor more information

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