In comparison to June 2018, the seasonally adjusted volume of retail trade decreased by 0.2% in the EA19, remaining unchanged in the EU28. In Portugal, the retail trade went down by 1% in July.
Although in July 2018, the seasonally adjusted volume of retail trade decreased by 0.2% in the EA19 in comparison to the previous month, there was a year-on-year increase of 1.1% in the euro area.
In the EU28, there was also a year-on-year increase of 2.0% in July 2018, but there was no change between June and July 2018.
According to Eurostat’s report, the decrease in 2.0% in retail trade volume in the EA19 was mostly motivated by the “fall of 0.7% for automotive fuel and of 0.6% for food, drinks and tobacco”.
The report also showed that the largest decreases in the total retail trade volume were observed in “Belgium (-2.1%), Portugal and Sweden (both -1.0%)” while the highest increases were seen in Slovakia (+1.1%), Estonia (+1.1%) and the United Kingdom (+0.8%).
Belgium and Portugal did show the largest decreases from the sample. However, there is no data from the Czech Republic, Greece, Croatia, Italy, Cyprus and the Netherlands.
Retail trade in Portugal, according to INE’s monthly report, showed that the decrease was mostly due to a lowering in retail trade of electrical goods and furniture, which went down by 4.9%, followed by the decrease of 1% in retail trade of food, drinks and tobacco, in the month of July.