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

Malta has the 2nd largest decrease in retail trade in the EUIn January 2012 compared with December 2011, the volume of retail trade grew by 0.3% in the euro area (EA17) and by 0.4% in the EU27. In December retail trade decreased by 0.5% and 0.2% respectively. The largest decreases in total retail trade were in Portugal (-8.7%), Malta (-5.7%) and Bulgaria (-2.6%).

In January 2012, compared with January 2011, the retail sales index remained stable in the euro area and rose by 0.7% in the EU27.

In January 2012, compared with December 2011, “Food, drinks and tobacco” rose by 0.6% in the euro area and by 0.4% in the EU27. The non food sector increased by 0.5% and 0.9% respectively. Among the Member States for which data are available, total retail trade grew in nine and fell in nine. The highest increases were observed in Latvia (+6.4%), Slovenia (+5.5%) and Romania (+3.0%), and the largest decreases in Portugal (-2.7%), Denmark (-2.1%) and Germany (-1.6%). Malta stood at -0.6%.

In January 2012, compared with January 2011, “Food, drinks and tobacco” fell by 0.9% in the euro area and by 0.5% in the EU27. The non food sector increased by 1.1% and 2.1% respectively. Among the Member States for which data are available, total retail trade rose in eleven and fell in seven. The highest increases were observed in Lithuania (+17.0%), Latvia (+16.6%) and Romania (+10.2%), and the largest decreases in Portugal (-8.7%), Malta (-5.7%) and Bulgaria (-2.6%).

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

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