In May 2021, the volume of retail trade increased by 4.6% in both the euro zone and the EU compared to the estimates of April 2021.
- In the euro area, the volume of retail trade grew by 8.8% for non-food products and rose by 8.1% for automotive fuels as volume of food, drink, and tobacco dropped by 0.2%.
- The retail trade in the EU region increased by 8.5% for non-food products and 6.8% increase in automotive fuels as food, drinks, and tobacco dropped by 0.3%.
- Among the EU Member States, the highest monthly increase in retail trade was recorded in France, 9.9%, the Netherlands, 9.3%, and Estonia, 8.1%.
- Latvia(-3.9%), Finland(-3.3%), and Luxembourg(-0.7%) recorded the largest decreases in the retail trade activities.
Consumer and business confidence levels were higher than the pre-pandemic levels as the Eurozone economy continued reopening efforts.
EURUSD trading lower at -0.23%
Source: eurostat.
