Romania Dec ’10 Retail Sales Fall At Fastest Pace In EU

EU's retail sales inched down 0.1% in December compared with the year-earlier month, EU's statistics agency Eurostat said.

Among the member states for which data are available, total retail trade fell in ten and rose in ten. The largest decreases were observed in Romania, Spain (-5.0%) and Malta (-3.6%), and the highest increases in Poland (+12.4%), Latvia (+8.1%) and Estonia (+7.0%).

Compared with November 2010, Romanian retail sales fell 1.1% in December last year.

The EU bloc posted a 0.4% monthly fall in retail trade in December.

Total retail trade fell in fourteen EU states, remained stable in Estonia and increased in five. The largest monthly decreases were observed in Malta (-3.4%), Slovenia (-3.3%), Ireland (-3.0%) and Lithuania (-2.6%), and the highest increases in Portugal (+4.7%) and Poland (+2.4%).

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