Retail Sales in European Union decreased 2.40 percent in November of 2022 over the same month in the previous year. source: EUROSTAT

Retail Sales YoY in European Union averaged 1.39 percent from 2001 until 2022, reaching an all time high of 22.30 percent in April of 2021 and a record low of -17.50 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 January of 2023.

Retail Sales YoY in European Union is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Retail Sales YoY is projected to trend around 2.90 percent in 2024 and 1.80 percent in 2025, according to our econometric models.

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European Union Retail Sales YoY

Related Last Previous Unit Reference
Retail Sales YoY -2.40 -2.30 percent Nov 2022
Retail Sales MoM 0.90 -1.40 percent Nov 2022
Consumer Spending 1801.74 1789.48 EUR Billion Sep 2022
Personal Savings 12.55 14.63 percent Jun 2022

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
-2.40 -2.30 22.30 -17.50 2001 - 2022 percent Monthly