6/7/2011 00:00:00
After rising in April, the European data on retail sales is again down: according to Eurostat, in fact, in May the volume declined by 1.1% both in the Eurozone (+0.7% in the previous month) and in the EU27 (+0.9% in April). Compared to May 2010, the index of retail sales decreased by 1.9% in the Euro area and 1.4% in the EU27. Downward by 0.6% in the Eurozone and 1.8% in the EU27 for the sales of food, beverage and tobacco sector, while the non-food recorded declines of 0.9% and 1.1% respectively. Among Member States for which data are available, total retail trade declined in 13 countries and increased in 8. The highest decrease was recorded in Denmark (-3.7%), Portugal (-3.1%) and Germany (-2.8%), while the highest increases occurred in Luxembourg (+3.0%), Latvia (+2.0%) and Malta (+1.5%).
