Retail Sales in European Union increased 1.10 percent in August of 2021 over the same month in the previous year. source: EUROSTAT

Retail Sales Yoy in European Union averaged 1.32 percent from 2001 until 2021, reaching an all time high of 22.30 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 October of 2021.

Retail Sales Yoy in European Union is expected to be 4.60 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 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


European Union Last Unit Reference Previous Highest Lowest
Retail Sales Yoy 1.10 percent Aug/21 3.80 22.30 -17.60
Retail Sales Mom 0.30 percent Aug/21 -2.10 17.30 -10.90
Consumer Spending 1691.87 EUR Billion Jun/21 1633.39 1789.42 1220.25
Personal Savings 21.04 percent Mar/21 18.45 24.07 11.16


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).