Home » Business » Croatia and Denmark with highest increases in retail trade in EU in Oct

Croatia and Denmark with highest increases in retail trade in EU in Oct

FAST COVID TEST ZAGREB

Zagreb

ZAGREB, Dec 4 (Hina) – Retail trade in the EU and the euro area recovered in October after falling in the previous month, with Croatia and Denmark recording the highest rises, shows a report released by Eurostat on Thursday.

The seasonally adjusted volume of retail trade increased by 1.5% in the EU and the euro area in October compared with September 2020. In September, the retail trade volume fell by 1.3% in the EU and by 1.7% in the euro area.

The highest increase in sales in both areas were recorded in food, beverages and tobacco products, by about 2%.

The same increase was recorded in stores selling electrical equipment and furniture.

The highest increase in retail was recorded with orders via post or internet sales, about 6%.

Retail at petrol stations, however, contracted for the second consecutive month by 3.4% in the EU and 3.7% in the euro area.

A significant fall was recorded in October in the sale of textile, clothing and footwear, almost 3%.

Croatia just after Denmark

The highest month-on-month increase in the total retail trade volume was registered in Denmark (+8.3%), followed by Croatia (6.5%).

The largest decrease in the volume of retail trade according to Eurostat was observed in Slovenia (-1.4%), followed by Slovakia (-1.2%), the Netherlands (-0-7%) and Luxembourg (-0.3%).

Ireland again with highest increase on the year

Ireland once again recorded the highest increase in retail trade on the year (+13.8%), followed by Denmark (+12.5%) and Lithuania (+8.5%).

In Croatia retail slipped by 0.2% on the year after it had fallen by 6.1% in September.

The largest decreases in retail in the EU were recorded by Slovenia (-11.1%), Malta (-7.2%) and Bulgaria (-5.3%), Eurostat’s report shows.

Share on:

Sign up to receive the Croatia Week Newsletter

Related Posts