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Retail trade falls in euro zone, EU

Wed, Mar 03 2010 12:25 CET

byThe Sofia Echo Staff

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Retail trade falls in euro zone, EU

In January 2010, compared with December 2009, the volume of retail trade decreased by 0.3 per cent in both the euro zone and across the 27 member states of the European Union, according to a flash estimate by the EU’s statistics office Eurostat.

In December 2009, retail trade rose by 0.5 per cent and 0.2 per cent, respectively, according to a statement by Eurostat on March 3 2010.

In January 2010, compared with January 2009, the retail sales index declined by 1.3 per cent in the euro area and by 1.6 per cent in the EU27.
 
As to monthly changes, in January 2010, compared with December 2009, "Food, drinks and tobacco" fell by 0.1 per cent in the euro area and by 0.3 per cent in the EU27. The non food sector dropped by 0.6 per cent and 0.4 per cent, respectively.

Among the member states for which data are available, total retail trade increased in nine, decreased in five and remained stable in Bulgaria, Germany and France, Eurostat said.
 
The highest increases were observed in Lithuania (+7.1 per cent), Portugal (+5.2 per cent) and Estonia (+4.3 per cent), and the largest decreases in Denmark (-2.8 per cent), Poland (-1 per cent) and Slovakia (-0.6 per cent).
 
On an annual basis, in January 2010, compared with January 2009, "Food, drinks and tobacco" rose by 0.2 per cent in the euro area, but fell by 0.6 per cent in the EU27. The non food sector dropped by 1.5 per cent in both zones.

Among the member states for which data are available, total retail trade fell in 13 and rose in four.
 
The largest decreases were observed in Latvia (-16 per cent), Lithuania (-13.6 per cent) and Romania (-10.3 per cent), and the highest increases in Sweden (+3.4 per cent), Malta (+2.6 per cent) and Austria (+2.4 per cent).

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Euro zone retail trade down in September 2010 – Eurostat

In September 2010, the volume of retail trade in the 16-member euro zone was 0.2 per cent less than in August, while it dropped by 0.1 per cent in the 27-member EU, statistical office Eurostat said.

Bulgaria among EU states with sharpest drops in retail trade

In May 2010, the largest decreases on an annual basis in retail were in Lithuania, Bulgaria and Latvia, according to Eurostat.

Retail trade in Bulgaria among worst performers in EU

Retail trade in Bulgaria decreased by 12.4 per cent between February 2009 and February 2010, according to EU statistics office Eurostat – putting the country among the biggest losers in retail trade on an annual basis.

Industrial new orders drop two per cent in euro zone

Across the 27 member states of the EU, new orders decreased by 0.2 per cent in January 2010, after an increase of 0.9 per cent in December 2009.

Eurostat: Construction in euro zone registers 12.5 per cent slump in January

Bulgaria was once again at the very 'top' of the negative chart, incurring a 30 per cent decline on an annual basis

European business, economic sentiment improve for seventh month

The euro area’s business climate indicator and economic sentiment indicator both increased in October 2009, the seventh consecutive month, the European Commission says.

European business, economic sentiment improve

In August 2009, the economic sentiment indicators for the European Union and euro areas continued to improve, while business sentiment in the euro area also warmed, according to Eurostat.

Bulgaria’s business climate worsens in July, for third straight month

The business climate in Bulgaria deteriorated in July 2009, the third successive month of decline, with industry and the retail trade dragging it down, according to new figures from the National Statistical Institute.

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Hewlett-Packard

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