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Euro area retail sales fall by 0.2% in February 2015

RBR Staff Writer Published 10 April 2015

Retail sales in the euro area (EA19) have decreased by 0.2% in February 2015, when compared to January 2015, according to the figures released by the European Union statistics agency Eurostat.

euroarea

The decrease in the volume of retail trade in the euro area is due to falls of 0.8% for food, drinks and tobacco and of 0.4% for automotive fuel, while the non-food sector rose by 0.1%.

The retail sales in the EU28 remained stable during the same period due to a fall of 0.5% for food, drinks and tobacco while both the non-food sector and automotive fuel increased by 0.3%.

Latvia, Malta and Slovenia and Lithuania have witnessed highest increases in total retail trade among the EU Member States, while decreases were observed in Romania, Portugal and Spain.

During January, the euro area and EU28 witnessed 0.9% and 0.7% in retail trade, respectively.

The retail sales index in the euro area and EU28 increased by 3.0% and 3.6% respectively during February 2015, when compared with February 2014.

The increase in euro area retail trade in February 2015, when compared to the same period last year, is due to rises of 4.3% for the non-food sector, 4.2% for automotive fuel and 1.0% for food, drinks and tobacco.

Meanwhile, the rises of 5.5% for automotive fuel, 4.9% for the non-food sector and 1.5% for food, drinks and tobacco has driven retail trade in EU28.



Image: Retail sales in the euro area (EA19) have decreased by 0.2% in February 2015. Photo: courtesy of jscreationzs / freedigitalphotos.