Volume of October retail trade down by 1.1 % in Euro Area and by 0.5 % in EU28 (corrected)

In October 2017 compared with September 2017, the seasonally adjusted volume of retail trade decreased by 1.1 % in the euro area (EA19) and by 0.5 % in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September, the retail trade volume rose by 0.8% in the euro area and by 0.2 % in the EU28

In October 2017 compared with October 2016, the calendar adjusted retail sales index increased by 0.4 % in the Euro Area and by 0.9 % in the EU28.

Monthly comparison by retail sector and by Member State

The 1.1 % decrease in the volume of retail trade in the euro area in October 2017, compared with September 2017, is due to falls of 1.3% for “Food, drinks and tobacco”, of 1.1 % for non-food products and of 0.1 % for automotive fuel. In the EU28, the 0.5 % decrease in the volume of retail trade is due to falls of 0.9 % for “Food, drinks and tobacco” and of 0.8 % for non-food products, while automotive fuel remained stable.

Among Member States for which data are available, the largest decreases in the total retail trade volume were registered in Luxembourg (-5.3 %), Portugal (-2.3 %) and Austria (-1.9 %), while the highest increases were observed in Romania (+1.0%), the United Kingdom (+0.9 %), Poland and Slovakia (both+0.6 %).

Annual comparison by retail sector and by Member State

The 0.4 % increase in the volume of retail trade in the Euro Area in October 2017, compared with October 2016, is due to rises of 0.6 % for non-food products, of 0.3 % for automotive fuel and of 0.2 % for “Food, drinks and tobacco”. In the EU28, the 0.9% increase in retail trade volume is due to rises of 1.5% for non-food products, of 0.8 % for automotive fuel and of 0.1 % for “Food, drinks and tobacco”.

Among Member States for which data are available, the highest increases in the total retail trade volume were registered in Romania (+12.6 %), Poland (+7.1 %), Ireland, Hungary and Malta (all +6.3 %), while the largest decreases were observed in Luxembourg (-27.0 %), Austria (-2.2 %) and Belgium (-2.1 %).

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. Eurostat carries out the seasonal adjustment of the data for those countries that do not adjust their data for seasonal effects.

 

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

Data of previous months have been revised compared to those issued in the News Release 168/2017 of November 7, 2017.  The monthly percentage change for September 2017 has been revised from +0.7 % to +0.8 % in the Euro Area and from +0.3 % to +0.2 % in the EU28. The annual percentage change has been revised from +3.7% to +4.0% in the euro area and from +3.5 % to +3.7 % in the EU28.

http://ec.europa.eu/eurostat