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2014.11.10 12:00

Volume of retail trade grows in Lithuania

ELTA | DELFI | The Lithuania Tribune2014.11.10 12:00

In September 2014, compared with August 2014, the seasonally adjusted volume of retail trade fell 1.3 percent in the euro area and 1.2 percent in the European Union (EU), according to estimates from Eurostat, the statistical office of the European Union.

In September 2014, compared with August 2014, the seasonally adjusted volume of retail trade fell 1.3 percent in the euro area and 1.2 percent in the European Union (EU), according to estimates from Eurostat, the statistical office of the European Union.

In August retail trade rose 0.9 percent and 1.1 percent respectively. In September 2014 compared with September 2013 the retail sales index increased by 0.6 percent in the euro area and by 1.0 percent in the EU.

In Lithuania, volume of retail trade increased by 0.2 percent in September 2014, compared with August 2014. Meanwhile, in September 2014, compared with September 2013, it grew by 4.9 percent.

The 1.3 percent decrease in the volume of retail trade in the euro area in September 2014, compared with August 2014, is due to falls of 2.2 percent for the non-food sector and 0.1 percent for "Food, drinks and tobacco", while automotive fuel rose by 0.9 percent. In the EU, the 1.2 percent decrease in retail trade is due to a fall of 2.1 percent for the non-food sector, while "Food, drinks and tobacco" remained stable and automotive fuel increased by 0.4 percent.

The highest increases in total retail trade were registered in Malta (+1.0 percent), Luxembourg (+0.9 pct), Hungary and

Slovakia (both +0.7 pct), and the largest decreases in Germany (-3.2 pct), Portugal (-2.5 pct) and Poland (-2.4 pct).

The 0.6 percent increase in the volume of retail trade in the euro area in September 2014, compared with September 2013, is due to rises of 0.9 percent for "Food, drinks and tobacco", of 0.6 percent for the non-food sector and of 0.5 percent for

automotive fuel. In the EU, the 1.0 percent increase in retail trade is due to rises of 1.5 percent for the non-food sector and

1.2 percent for "Food, drinks and tobacco", while automotive fuel fell by 0.2 percent.

The highest increases in total retail trade were observed in Luxembourg (+12.3 percent), Estonia (+9.1 pct) and Bulgaria

(+5.6 pct), while decreases were recorded in Finland (-3.2 pct), Poland (-1.8 pct), Denmark and Germany (both -0.8 pct).

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