Portugal with the biggest drop in the EU in retail sales

Portugal with the biggest drop in the EU in retail sales


Retail sales fell 2.9% in the euro area and 2.2% in the European Union (EU) in February, compared to the same month last year, with Portugal registering the biggest drop (15.4%) among the Member States, according to Eurostat.

According to the Lusa agency, in the chain variation, the retail sales index increased, in February, by 3.0% in the euro area and 2.9% in the EU.

Among the Member States, Portugal recorded the largest year-on-year decline (-15.4%), followed by Slovakia (-14.7%) and Malta (-8.9%), while the largest increases were observed in Belgium (11 , 0%), Austria (5.2%) and Croatia (5.1%).

In comparison with January, the largest increases in retail sales were observed in Austria (28.2%), Slovenia (16.4%) and Italy (8.4%).

The main decreases in chains were observed in Malta (-1.5%), France and Hungary (-1.2% each) and Portugal (-0.7%).

It is recalled that a new phase of confinement, namely with the closure of the retail trade, started in Portugal on January 15th, as a measure to control the covid-19 pandemic.

The covid-19 pandemic – a disease transmitted by a new coronavirus – caused at least 2,929,563 deaths worldwide, resulting from more than 135.3 million cases of infection, according to a report made by the French agency AFP.

In Portugal, 16,916 people died from 827,494 confirmed cases of infection, according to the most recent bulletin from the Directorate-General for Health.

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