Calendar adjusted retail sales index rose by 0.3% and 0.6% in both the euro area and the EU in May. Credit: Halfpoint/Shutterstock.

The Euro area and the European Union’s (EU) retail trade volume, seasonally adjusted in May 2024, has increased by a modest 0.1% month-on-month (MoM), according to data from the EU statistical office, Eurostat. 

This follows a 0.2% decline in April 2024. 

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The calendar-adjusted retail sales index rose by 0.3% in the euro area and 0.6% in the EU, compared with the same period of the previous year. 

In the Euro area, the retail trade volume for food, drinks and tobacco saw a rise of 0.7% in May MoM compared with April 2024. 

Non-food products (excluding automotive fuel) registered a 0.2% decline in retail trade volume over the month, while automotive fuel in specialised stores experienced a 0.4% increase.  

See Also:

In the EU, food, drinks, and tobacco sales grew by 1.2% in May 2024 compared with April 2024, but non-food products saw a 0.4% decrease. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

During the month, Denmark, Lithuania, and Luxembourg led the increases in retail trade volume, with gains of 2.3%, 1.8%, and 1.7% respectively. 

Slovakia, Ireland, Bulgaria, and Malta faced the steepest declines. 

Compared with the same month of the previous year, the euro area’s retail trade volume in May 2024 for for non-food products (excluding automotive fuel) increased by 0.7%, and food, drinks and tobacco recorded 0.3% growth. 

In the EU, the volume of retail trade increased by 0.7% for food, drinks and tobacco. There was a 0.9% increase for non-food products. 

Regionally, retail trade volume grew 10.4% in Luxembourg and 8.4% and 6.5% in Croatia and Romania respectively in May 2024 compared with the same period a year earlier.

Belgium recorded the largest retail trade volume decline at 5.2% during the month.