Euro Area, EU Retail Trade Rebound in May

Source: Eurostat

Retail trade in both the euro area and the European Union rebounded in May, driven mainly by non-food items and automotive fuels.

• The seasonally adjusted volume of retail trade climbed 4.6% month-on-month in both the euro area in May. Retail trade fell 3.9% in the euro area and 3.6% in the EU in April.
• Year-on-year, retail trade climbed 9.0% in the euro area and 9.2% in the EU.
• The biggest growths were seen in non-food products and automotive fuel in specialized stores in both the euro area and the EU during the month.
• The only decline for both territories was seen in the retail trade of food, drinks, and tobacco.
• The biggest monthly increases were recorded in France, the Netherlands, and Estonia while declines were seen in Latvia, Finland, and Luxembourg.
• Year-on-year, the highest increases were in Bulgaria, Ireland, and Malta. The only decline was in Germany.