Retail Sales in European Union decreased 0.70 percent in December of 2023 over the same month in the previous year. Retail Sales YoY in European Union averaged 1.24 percent from 2001 until 2023, reaching an all time high of 22.20 percent in April of 2021 and a record low of -17.50 percent in April of 2020. source: EUROSTAT

Retail Sales YoY in European Union is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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European Union Retail Sales YoY

Related Last Previous Unit Reference
Retail Sales MoM -1.00 0.30 percent Dec 2023
Retail Sales YoY -0.70 -0.40 percent Dec 2023
Consumer Spending 1811.39 1805.75 EUR Billion Sep 2023
Personal Savings 13.05 13.37 percent Sep 2023

European Union Retail Sales YoY
In the European Union, retail sales show the evolution of the total amount of goods sold. Among goods, food, drinks and tobacco account for the highest share (40.1 percent); followed by electrical goods and furniture (11.5 percent share); computer equipment, books and other (11.4 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9 percent share); pharmaceutical and medical goods (8.9 percent share); other non-food products (7.0 percent share) and mail orders and internet (3.0 percent share). Among countries, Germany has the highest weight (19.1 percent), followed by France (15.9 percent); the United Kingdom (14.7 percent) and Italy (11.9 percent). Others include Spain (8.4 percent); Netherlands (3.8 percent); Poland (3.7 percent); Belgium (3.2 percent); Sweden (2.4 percent); Greece (2.2 percent); Austria (2.1 percent); Portugal (1.8 percent); Denmark (1.5 percent); Finland, Ireland and Czech Republic (1.3 percent each); Romania (1.0 percent); Hungary (0.9 percent); Luxembourg and Slovakia (0.6 percent each); Croatia (0.5 percent); Bulgaria and Slovenia (0.4 percent each); Lithuania (0.3 percent); Latvia, Cyprus and Estonia (0.2 percent each) and Malta (0.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -0.40 22.20 -17.50 2001 - 2023 percent Monthly
Constant Prices, WDA