Malta’s retail trade increased at double the trend in the EU in 2019 – Eurostat

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Malta’s retail trade increased at double the trend in the EU in 2019. Eurostat published statistics which show that for 2019, the retail trade, when compared with 2018, rose by 2.2% in the euro area and by 2.4% in EU27. In Malta, the increase was registered at 5.6%.

In December 2019 compared with November 2019, the seasonally adjusted volume of retail trade decreased by 1.6% in the euro area (EA19) and by 1.3% in the EU27, according to estimates from Eurostat, the statistical office of the European Union.

Malta bucks the trend

In the euro area in December 2019, compared with November 2019, the volume of retail trade decreased by 1.6% for non-food products and by 1.4% for food, drinks and tobacco and automotive fuels. In the EU27, the volume of retail trade decreased by 1.6% for non-food products, by 1.3% for food, drinks and tobacco and by 0.9% for automotive fuels.

Among the Member States for which data are available, the largest decreases in the total retail trade volume were registered in Germany (-3.3%), Slovenia (-2.8%) and Finland (-2.3%). The highest increases were observed in Ireland (+2.7%), Malta (+1.3%) and Romania (+0.8%).

Annual comparison by the retail sector and by Member State

In the euro area in December 2019, compared with December 2018, the volume of retail trade increased by 3.6% for non-food products while food, drinks and tobacco decreased by 0.7% and automotive fuel by 3.7%. In the EU27, the retail trade volume increased by 4.0% for non-food products while food, drinks and tobacco decreased by 0.3% and automotive fuel by 2.6%.

Among the Member States for which data are available, the highest yearly increases in the total retail trade volume were registered in Romania (+8.5%), Hungary (+6.1%) and Malta (+5.6%). The largest decreases were observed in Slovenia (-6.6%), Slovakia (-2.5%), and Finland (-1.6%).