Economic Buzz: Eurozone Retail Trade Drops By 0.4%

4 May 2022 , 04:59 PM

The seasonally adjusted volume of retail trade decreased by 0.4% in the euro area and by 0.2% in the EU, compared with February 2022, according to estimates from Eurostat, the statistical office of the European Union. In February 2022, the retail trade volume increased by 0.4% in the euro area and by 0.3% in the EU. In March 2022 compared with March 2021, the calendar adjusted retail sales index increased by 0.8% in the euro area and by 1.7% in the EU. In the euro area in March 2022, compared with February 2022, the volume of retail trade decreased by 2.9% for automotive fuels, and by 1.2% for non-food products, while it increased by 0.8% for food, drinks and tobacco. In the EU, the volume of retail trade decreased by 3.0% for automotive fuels, and by 0.7% for non-food products, while it increased by 0.6% for food, drinks and tobacco.

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