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Euro area retail sales up by 1.1% in January 2015

RBR Staff Writer Published 06 March 2015

Retail sales in the euro area have increased by 1.1% in January 2015, when compared to December 2014, according to the figures released by the European Union statistics agency Eurostat.

retail sales

This was driven by increases of 3.2% for automotive fuel, 1.2% for the non-food sector and of 1.0% for Food, drinks and tobacco.

The retail sales in the EU28 posted 0.8% increase during the same period due to rises of 2.9% for automotive fuel, 0.8% for the non-food sector and of 0.6% for Food, drinks and tobacco.

Portugal, Poland, Germany and Slovenia have witnessed highest increases in total retail trade among the EU Member States, while decreases were observed in the UK, Lithuania, Bulgaria and Ireland.

Both the euro area and EU28 witnessed 0.4% increase in retail trade in December 2014.

The retail sale index in the euro area and the EU28 rose by 3.7% and 4.0% respectively during January 2015, when compared to January 2014.

The increase in euro area retail trade in January 2015 is due to rises of 6.1% for automotive fuel, 5.0% for the non-food sector and 2.2% for Food, drinks and tobacco.

Meanwhile, EU28 retail trade was driven by rises of 5.6% for automotive fuel, 5.4% for the non-food sector and 2.4% for "Food, drinks and tobacco.


Image: Retail sales in the euro area have increased by 1.1% in January 2015. Photo: courtesy of hywards / freedigitalphotos.