Retail Sales in European Union increased 9.20 percent in May of 2021 over the same month in the previous year. source: EUROSTAT

Retail Sales Yoy in European Union averaged 1.28 percent from 2001 until 2021, reaching an all time high of 22.40 percent in April of 2021 and a record low of -17.60 percent in April of 2020. This page provides - European Union Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Retail Sales YoY - values, historical data and charts - was last updated on July of 2021.

Retail Sales Yoy in European Union is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in European Union to stand at 4.70 in 12 months time. In the long-term, the European Union Retail Sales YoY is projected to trend around 3.20 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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European Union Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
9.20 22.40 22.40 -17.60 2001 - 2021 percent Monthly
WDA

European Union Consumer Last Previous Highest Lowest Unit
Personal Savings 18.89 16.21 24.00 11.10 percent [+]
Retail Sales Mom 4.60 -3.10 18.00 -11.10 percent [+]
Retail Sales Yoy 9.20 22.40 22.40 -17.60 percent [+]
Consumer Spending 1633.39 1665.01 1789.42 1220.25 EUR Billion [+]
Economic Optimism Index 117.00 114.00 117.70 67.10 [+]
Consumer Confidence -5.60 -4.50 -1.40 -22.70 points [+]
Consumer Confidence Current Conditions -8.50 -10.40 -4.80 -65.90 [+]
Consumer Confidence Economic Expectations -5.00 -6.90 1.40 -39.80 [+]
Consumer Confidence Financial Expectations 0.20 0.50 5.40 -12.60 [+]
Consumer Confidence Major Purchases Expectations -14.60 -15.00 -9.90 -27.20 [+]
Consumer Confidence Price Trends 18.30 18.00 48.80 -11.50 [+]
Consumer Confidence Savings Expectations -0.40 -1.50 2.20 -16.60 [+]
Consumer Confidence Unemployment Expectations 3.50 5.20 67.10 0.80 [+]


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).