Retail trade volume up

In September 2022, the seasonally adjusted volume of retail trade increased by 0.4% in both the euro area and the EU, compared with August 2022, while decreasing by 0.6% in the euro area and by 0.3% in the EU compared with September 2021, according to estimates from Eurostat, the statistical office of the European Union.

In Cyprus, the volume of retail trade increased by 0.5% in September compared to August and by 3.9% compared to September 2021.

By retail sector in the euro area, the volume of retail trade in September 2022 increased compared with August 2022 by 1.0% for non-food products and by 0.4% for food, drinks and tobacco, while it decreased by 0.6% for automotive fuels.

In the EU during the same period, the volume of retail trade increased by 1.0% for non-food products, by 0.3% for food, drinks and tobacco and by 0.1% for automotive fuels.

Among member states for which data are available, the highest monthly increases in the total retail trade volume were registered in Austria (3.9%), Malta (1.7%) and Poland (1.4%).

The largest decreases were observed in Slovenia (3.7%), Ireland and Portugal (both 2.0%) and Slovakia (1.3%).

On an annual basis, that is compared with September 2021, the volume of retail trade in the eurozone decreased by 2.4% for food, drinks and tobacco and by 0.3% for non-food products, while it grew by 3.7% for automotive fuels.

In the EU during the same period, the retail trade volume decreased by 2.0% for food, drinks and tobacco and by 0.1% for non-food products, while it grew by 4.8% for automotive fuels.

Among member states for which data are available, the largest yearly decreases in the total retail trade volume were registered in Ireland (6.8%), Denmark (6.3%) and Estonia (5.9%).

The highest increases were observed in Slovenia (23.9%), Poland (8.4%) and Malta (+7.4%).