Eurostat: Romanian retail posts third highest increase in the EU in Dec.

Volume of retail trade was up by 5.9 pct in Romania in December 2013, y-o-y, according to data from Eurostat, the statistical office of the European Union. This was the third highest annual growth rate in the EU after Luxembourg (+9.4 percent) and Poland (+6.7 percent). The largest drops were reported in Germany (-2.4 percent), Belgium (-1.9 percent) and Finland (-1.3 percent).

Overall, in December 2013 compared with December 2012, the seasonally adjusted volume of retail trade decreased by 1.0 percent in the euro area and rose by 0.1 percent in the EU28, according to Eurostat. The average volume of retail trade for the year 2013, compared with 2012, fell by 0.9 percent in the euro area and by 0.2 percent in the EU28. Total retail trade fell in eight member states and increased in fourteen.

Monthly comparison

In December 2013 compared with the previous month, the retail sales index fell by 1.6 percent in the euro area (EA17) and by 0.8 percent in the EU28.  “Food, drinks and tobacco” fell by 1.4 percent in the euro area and by 0.7 percent in the EU28. The non-food sector decreased by 1.8 percent and 0.9 percent, respectively.

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Total retail trade fell in sixteen member states and rose in six. The largest drops were registered in Portugal (-5.8 percent), Spain (-3.6 percent) and Germany (-2.5 percent), and the highest increases in the United Kingdom (+2.6 percent), Malta (+2.0 percent) and Ireland (+1.4 percent).

Simona Bazavan