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Retail sales slipped in Europe in April

June 5, 2012 at 11:39 AM   |   Comments

BRUSSELS, June 5 (UPI) -- Retail sales fell throughout Europe in April compared to March, the official data office Eurostat said Tuesday.

Sales receipts in the 17-nation eurozone and the 27-member European Union dropped 1 percent and 1.1 percent, respectively, Eurostat said.

The declines follow a 0.3 percent rise in the eurozone in March and a 0.8 percent rise in March in the European Union.

Compared to April 2011, retail sales fell by 2.5 percent in the eurozone and 1.9 percent in the EU.

Sales of food, drinks and tobacco rose 0.63 percent in the eurozone and fell by 0.1 percent in the EU month to month. Sales of non-food items fell 1.4 percent in the eurozone and 1.2 percent in the EU month to month, the statistical office said.

Retail sales fell in 12 member states and rose in nine where data was available. The largest decreases were in Spain (off 9.6 percent), Portugal (off 9.3 percent) and Malta (off 4.6 percent). The largest increases were in Estonia (up 8.5 percent), Latvia (up 7.8 percent) and Romania (up 3.4 percent).

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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