Retail Trade Lower Across Europe In November

First estimates from Eurostat suggest that retail trade volumes in the euro area fell by 0.8% over the month and by 2.5% over the year. In the EU27 trade fell by o.6% during November and 1.3% over the year.

Over the month the food, drinks and tobacco sector fell by 0.8% in the euro area and by 0.7% in the EU27. The non-food sector fell by 0.7% in both areas. Retail trade fell in 13 countries and rose in 7. Over the year, food, drinks and tobacco fell 1.6% in the euro area and by 1.5% in the EU27 while the non-food sector fell by 3% and 1.1% respectively. Over the year retail trade volumes fell in 10 member states and rose in 10.