Eurozone retail trade fell 2.3 percent in July

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Retail trade in the eurozone (19 countries) fell by 2.3 percent last July, compared to a growth of 1.8 percent in the previous June.

According to data from the European Statistics Office “Eurostat”, retail trade in the European Union as a whole (27 countries) also declined by 1.9 percent in July 2021, compared to a growth of 1.4 percent in June 2021.

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On an annual basis, retail sales rose by 3.1 percent in the euro area, and 3.8 percent in the European Union, and this decline comes after growth during last May and June.

On a monthly basis, retail sales in the euro area decreased by 3.5 percent for non-food products, 1.6 percent for motor fuels, and 0.7 percent for food, beverages, and tobacco.

As for the European Union as a whole, sales fell on a monthly basis by 2.9 percent for non-food products.

And 0.9 percent for car fuel, and it fell by 0.7 percent for food, beverages, and tobacco.