In June, retail trade size in Latvia, when compared to the same month of 2019, increased by 4.6%, which was higher than the average in the European Union, according to data compiled and published by Eurostat for 24 member states.
When compared to the same month of 2019, a more rapid retail trade growth was observed in Ireland (+10.2%), Estonia (+6.6%), Denmark (+6.5%), the Netherlands (+5.7%), Lithuania and Belgium (+5.5% in both) and France (+5%).
In ten countries for which information is available there was a retail trade reduction. The biggest reduction was observed in Bulgaria (-18.1%), Malta (-8.4%), Luxembourg (-7.7%), Portugal (-6.3%), Italy (-5.2%) and Slovenia (-5%).
In EU and Eurozone member states for which data is available, retail trade turnover in June, when compared to June 2019, increased by 1.3%.
Compared to the previous month, retail trade volume in the EU increased by 5.2% and in Eurozone by 5.7% in June.
The most rapid increase was observed in Ireland (+21.9%), Spain (+16.5%), Italy (+13.8%), France and Luxembourg (+9.4% in both) and Slovakia (+9.3%). In Latvia retail trade volume in June increased by 4.6%, in Estonia – 4.8% and in Lithuania – 5.6%.
Of the countries for which data is available, monthly decline in retail trade was observed in Austria (-2.5%) and Germany (-1.6%).
Data is not available for the Czech Republic, Greece and Cyprus. (BNN/Business World Magazine)