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February 06, 2024EU AND EURO AREA RETAIL TRADE, DECEMBER AND ANNUAL 2023 
Month-over-month (December 2023 vs. November 2023, seasonally adjusted turnover value)
In the European Union, retail sales were down 0.6%. In the Euro Area, retail sales decreased by 0.7% from the previous month in December.
Year-over-year (seasonally adjusted turnover value)
In the European Union, on a year-over-year basis, retail sales were up 2.7% in December 2023. In the Euro Area, retail sales were up 2.4% in December 2023.
Annual (2023-2022, seasonally adjusted turnover value)
In the European Union, retail sales were up 4.3% during 2023 when compared to 2022. In the Euro Area, retail sales were up 3.9% over the same period.
By member state, where data is available, the strongest growth in annual retail sales occurred in Spain, Cyprus, Romania, and Bulgaria. Slovenia and Estonia were the only countries reporting an annual decline in retail sales in 2023.
Note: Countries in the Euro Area are a subset of the countries in the European Union and contribute to the EU average. Individual countries reported with green bars are in the European Union but not in the Euro Area. With the addition of Croatia as of January 1, 2023, the Euro Area increased to 20 countries.
Source: Database
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