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Eurozone retail trade down by 0.1 pct in August

Xinhua, October 5, 2016 Adjust font size:

The seasonally adjusted volume of retail trade in August fell by 0.1 percent in both the eurozone and the 28-member European Union (EU), compared with the pervious month, Eurostat, the EU's statistical office said on Wednesday.

On an annual basis, the retail trade volume increased by 0.6 percent in the euro area and by 2.1 percent in the EU, according to Eurostat.

Among EU member states for which data are available, the highest year-on-year increases in total retail trade were observed in Luxembourg (12.6 percent), Romania (11.7 percent) and Poland (10.8 percent), while largest decreases were registered in France (1.5 percent) and Denmark (0.8 percent).

According to Eurostat, Eurozone retail trade's decrease in August is due to falls of 0.4 percent for food, drinks and tobacco and of 0.1 percent for the non-food products, while automotive fuel rose by 0.2 percent.

In the 28-member bloc, retail trade decreased in August due to falls of 0.2 percent for both food, drinks and tobacco and the non-food products, while automotive fuel increased by 0.2 percent, Eurostat added. Enditem