Trade: Romania, second in EU by June growth in retail trade
Romania's retail trade turnover increased 10 percent in June compared to the same period of 2013, in what represents the second largest increase in a EU member country after Luxembourg (12.9 percent), shows data released on Tuesday by the European Statistical Office (Eurostat).
The retail trade rose 2.4 percent in the euro area and 2.5 percent in the EU 28. The 2.5 percent increase in retail trade in the EU is due to the rise by 3.5 percent for the non-food sector and to the 1.8 percent rise in sales of food, drinks and tobacco.
The highest increases in total retail trade were registered in Luxembourg (+12.9 percent), Romania (+10.0 percent), Estonia (+7.8 percent) and France (+4.9 percent), while the steepest decreases were in Slovenia(-2.6 percent), Finland and Malta (both -1.5 percent).
In June 2014 compared with the previous month, retail trade increased by 0.4 percent in the euro area and by 0.3 percent in the European Union. The evolution of retail trade in the EU was influenced by the 0.2 percent rise in sales of non-food products and by the 0.5 percent advance in sales of food, beverages and cigarettes.
The highest increases were recorded in Germany (1.3 percent), Austria (1.1 percent), Poland (1 percent) and Estonia (0.9 percent), while the steepest decreases were in Finland (minus 1.8 percent), Portugal (minus 1.4 percent), Malta (minus 1.1 percent) and Spain (minus 1.8 percent). Romania's rise in total retail trade was 0.4 percent this June compared with May 2014, above the EU average.