Retail trade in euro area down by 2.8% in June

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Retail trade in euro area down by 2.8% in June

The retail sales index decreased by 3.7% in the euro area and by 2.8% in the EU in June 2022 compared to June 2021.

In June 2022, the volume of retail trade in the euro area decreased by 2.6% for non-food products, by 1.1% for automotive fuels and by 0.4% for food, drinks and tobacco, compared to May 2022.

In the EU, the volume of retail trade decreased by 2.6% for non-food products, by 1.4% for automotive fuels and by 0.2% for food, drinks and tobacco.

In Denmark, the largest monthly decreases in the total retail trade volume were registered in the Netherlands -- 3.8% and Estonia 2.4%, and in Ireland and Malta -- 0.5% Finland 0.3% and Austria 0.2% in June 2022, compared to May 2022.

In June 2022, the volume of retail trade decreased by 4.8% for non-food products and by 3.1% for food, drinks and tobacco, while the volume of retail trade in the euro area decreased by 2.0% for automotive fuels.

In the EU, retail trade volume decreased by 3.9% for non-food products and by 2.3% for food, drinks and tobacco, while it increased by 2.7% for automotive fuels.

The largest decreases in the total retail trade volume were registered in Denmark compared with June 2021 in the United States - 9.5% Germany and Ireland both - 8.8% and the Netherlands - 6.1%. The highest increases were observed in Slovenia 22.1% Poland 9.3% and Cyprus 8.4% In Lithuania, the volume of retail trade decreased by 3.5% in June 2022, compared to June 2021.