Retail turnover in the euro area and the EU increased in November on a monthly basis
Retail sales in the euro area and the European Union increased in November in a monthly comparison.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2023/01/pexels-pixabay-259100.jpg)
Retail turnover in Hungary increased by 0.1 percent on a monthly basis
The statistical office of the European Union, Eurostat, announced on Friday that in November retail sales in the euro area increased by 0.8 percent and in the European Union by 0.9 percent compared to October, when it increased by 1.5 percent in the euro area and by 1 percent in the EU. .4 percent decrease in traffic was registered compared to September.
In an annual comparison, retail turnover in the euro area fell by 2.8 percent in November after a 2.6 percent decrease in October, while in the EU it shrank by 2.4 percent in November after a 2.3 percent decrease in October.
Compared to October, retail sales increased the most in Spain, by 3.6 percent, in November, as well as in Poland (2.6 percent) and Sweden (2.3 percent).
On a monthly basis, the retail turnover decreased most significantly in Luxembourg (-2 percent), France and Croatia (-1 percent respectively), and in Slovenia (-0.5 percent).
In November, on an annual basis, the retail turnover increased the most in Latvia, by 10.7 percent. The second largest increase was in Slovenia with 7.5 percent, followed by Poland with 5.7 percent. The most significant annual decrease was in Denmark, 7.4 percent, followed by 6 percent in Belgium and 5.7 percent in Germany.
In Hungary, retail sales increased by 0.1 percent on a monthly basis, and by 0.6 percent year-on-year in November – according to the data on the Eurostat website.
Related news
Growing retail, falling SMEs: what can companies do?
A KSH adatai szerint az év első öt hónapjában javult…
Read more >Climate Policy Institute: climate change may cause food prices to rise further
Climate change has a significant impact on the world’s agriculture,…
Read more >The melon season started earlier this year
This year, we can enjoy high-quality cantaloupes and cantaloupes two…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >