Malta has 2nd highest decrease in retail trade in the EU

Email item Email item Print item Print item

Malta has 2nd highest decrease in retail trade in the EUNovember 2011 compared with October 2011 Volume of retail trade down by 0.8% in euro area Down by 0.6% in EU27

In November 2011, compared with October 2011, the volume of retail trade fell by 0.8% in the euro area (EA17) and by 0.6% in the EU27. In October retail trade rose by 0.1% and 0.2% respectively. In November 2011, compared with November 2010, the retail sales index decreased by 2.5% in the euro area and by 1.3% in the EU27. Malta had the second highest decrease in total retail trade at -1.6% behind Portugal which stood at -2.6%. This is a big difference to the October figures when Malta had the largest increase in total retail trade at +3.7%.

In November 2011, compared with October 2011, “Food, drinks and tobacco” fell by 0.8% in the euro area and by 0.7% in the EU27. The non food sector decreased by 0.7% in both zones. Among the Member States for which data are available, total retail trade fell in thirteen and rose in seven. The highest decreases were observed in Portugal (-2.6%), Malta (-1.6%), Romania (-1.0%), Germany, Poland and Finland (all -0.9%), and the largest increases in Lithuania (+4.2%), Ireland (+2.0%) and Latvia (+1.9%).

In November 2011, compared with November 2010, “Food, drinks and tobacco” fell by 1.6% in the euro area and by 1.5% in the EU27. The non food sector decreased by 3.0% and 1.1% respectively.

Among the Member States for which data are available, total retail trade fell in ten and rose in ten. The highest decreases were observed in Portugal (-9.2%), Spain (-7.0%) and Bulgaria (-5.3%), and the largest increases in Lithuania (+14.1%), Latvia (+7.6%) and Estonia (+3.9%). Malta stood at (-2.5%).

These first estimates come from Eurostat, the statistical office of the European Union.

  • Permalink: Malta has 2nd highest decrease in retail trade in the EU
  • You may also like...

    Leave a Reply

    Your email address will not be published. Required fields are marked *