The latest Eurostat data reveals a mixed trend in retail trade across the European Union. In December 2024, seasonally adjusted retail trade volume declined by 0.2% in the euro area and 0.3% in the EU compared to November 2024. This follows a stable performance in November, where the euro area showed no change while the EU saw a modest 0.1% increase.
Despite the monthly drop, year-on-year figures indicate growth. Compared to December 2023, the retail sales index rose by 1.9% in the euro area and 2.0% in the EU. Additionally, the overall retail trade volume for 2024 increased by 1.0% in the euro area and 1.3% in the EU compared to the previous year.
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