Mediafax (Mediafax)
Markets  |  July 29, 2012 02:03:47

Eurostat published the June data on retail sales area


BRUSSELS (MEDIAFAX) - The European Statistical Office Eurostat published data on Friday for the June retail developments in the eurozone. In May, retail sales rose mom in a monetary union in the EU by 0.6 percent.

Yoy in May retail sales in the eurozone fell by 1.7 percent in the EU by 0.3 percent.

April's decline in sales was revised downwards to 3.4 percent in the EU to cut by 2.4 percent.

Mom in May sales in food, beverages and tobacco rose by 0.2 percent in the euro area and the EU. Without food sector grew bloc of countries with a single currency in Europe by one percent across the EU and by 0.9 percent.

Among the member states for which data were available, retailing in May rose mom at sixteen, stagnated in Denmark and four turnover dropped. The highest growth was recorded in Austria (3.1 percent), Portugal (+2.9%), Latvia (+2.1%), Finland (+1.9%) and Ireland (-1.7 percent). The biggest decline showed Poland (-1.3%), Slovenia (-1.0%), Bulgaria and Germany (+0.3 percent).

Fell year on year in May retail sales in food, beverages and tobacco by 1.1 percent in the eurozone and 0.4 percent in the EU. The non-food sector fell by 1.5 percent in the euro area, but rose by 0.5 percent in the EU.

Compared to last May retail trade rose in twelve and fell in nine countries.Prices increased the most in Estonia (10.4 percent), Latvia (+7.4%) and Romania (5.9%) and decreased the most in Malta (-7.3%), Portugal (-5 , 1%) and Spain (4.8 percent).

Jan Soukup, soukupj@mediafax.cz

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