February 7, 2023
In December 2022, the seasonally adjusted volume of retail trade decreased by 2.7% in the euro area and by 2.6% in the EU, compared with November 2022, according to estimates from Eurostat, the statistical office of the European Union. In November 2022, the retail trade volume increased by 1.2% in both the euro area and the EU.
In December 2022 compared with December 2021, the calendar adjusted retail sales index decreased by 2.8% in the euro area and by 2.5% in the EU.
The annual average level of retail trade for the year 2022, compared with 2021, increased by 0.7% in the euro area and by 1.1% in the EU.
Monthly comparison by retail sector and by Member State
In the euro area in December 2022, compared with November 2022, the volume of retail trade decreased by 2.9% for food, drinks and tobacco and by 2.6% for non-food products, while it grew by 2.3% for automotive fuels.
In the EU, the volume of retail trade decreased by 2.9% for food, drinks and tobacco and by 2.8% for non-food products, while it grew by 2.3% for automotive fuels.
Among Member States for which data are available, the largest monthly decreases in the total retail trade volume were registered in the Netherlands (-6.3%), Germany (-5.3%) and Luxembourg (-3.8%). The highest increases were observed in Slovakia (+2.3%), Austria (+1.6%) and Romania (+1.3%).
Annual comparison by retail sector and by Member State
In the euro area in December 2022, compared with December 2021, the volume of retail trade decreased by 6.9% for food, drinks and tobacco and by 0.6% for non-food products, while it grew by 6.0% for automotive fuels. In the EU, the retail trade volume decreased by 6.6% for food, drinks and tobacco and by 0.9% for non-food products, while it grew by 7.3% for automotive fuels.
Among Member States for which data are available, the largest yearly decreases in the total retail trade volume were registered in Belgium (-9.2%), Denmark (-8.4%) and Sweden (-7.1%). The highest increases were observed in Malta (+5.7%), Romania (+5.3%) and Spain (+4.6%).
Source: Eurostat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
