Retail trade volumes back to February 2020 levels in Europe

In June 2020, a month marked by some relaxation of COVID-19 containment measures in many EU member states, the volume of retail trade increased by 5.2% compared with May 2020 and by 1.3% compared with the previous year.

Overall, retail trade volumes returned to the levels recorded in February 2020, before the start of the containment measures, although the trend varies across product groups.

In June 2020, the sales of food, drinks and tobacco were similar to their February levels (1.3% below February 2020), whereas for some non-food product groups there was still a sizeable gap between now and before the COVID-19 containment measures.

In particular, June sales of textiles, clothing and footwear accounted for only about three quarters of what was sold in February (22.4% below February 2020).

Although to a smaller extent, June sales of automotive fuels (-12.5%), computer equipment and books (-8.3%) as well as pharmaceutical and medical goods (-5.9%) also remained below their February 2020 levels.

In contrast, mail orders and internet volume increased by 17.4% compared to February 2020.

- Advertisment -


Borussia Dortmund had over EUR 400 million revenues in financial year 2022/2023

In financial year 2022/2023, the lifting of COVID-19 pandemic related restrictions affecting Borussia Dortmund's business model led to an...