Croatia Leads EU in Retail Sales Growth for November

In November, Croatia continued to be among the EU countries with the highest growth in retail sales, while Europeans on average slightly reduced their consumption, as indicated by data from the European Statistical Office.

In the Eurozone, retail sales in November fell by 0.3 percent compared to October, when it had, according to revised data, increased by 0.4 percent, as shown by seasonally adjusted data from Eurostat.

At the Union level, sales decreased by 0.2 percent, after having increased by 0.5 percent in October, according to revised data.

The largest decline in November was in the retail sale of non-food products, by 0.4 percent in the Eurozone and by 0.3 percent in the EU.

There was also a slight decrease in retail trade of food, beverages, and tobacco products, by 0.1 percent in both areas.

Conversely, sales at petrol stations increased, by 1.4 percent in the Eurozone and by 0.4 percent in the EU.

In November, according to seasonally adjusted data, the most significant decrease in retail sales was in Germany, by 2.5 percent.

Luxembourg and Austria followed with decreases in sales by 1.4 percent and 0.7 percent, respectively.

The highest increase in sales was in Portugal, by 3.1 percent.

Following were Slovenia and Croatia with a retail sales growth of three percent compared to October. Croatia was also in the group of countries with the strongest monthly sales growth in October, at 3.1 percent.

Have a news tip or story to share? Email us at info@connectingregion.com

Artificial Intelligence Set to Reshape Job Market in Serbia

The rapid development of artificial intelligence is expected to significantly reshape the labour market, with experts warning that certain...

Over 230,000 Electronic Certificates Issued Since e-Bolovanje Launch

Since the introduction of the e-Bolovanje system, more than 230,000 electronic sick leave certificates have been issued in Serbia,...

Leadership Transition at Rimac Technology 

Rimac Technology, the internationally recognised Tier 1 automotive supplier, has announced key leadership changes designed to steer the company...

Bosnia and Herzegovina Advances Armed Forces Modernization

The Council of Ministers of Bosnia and Herzegovina has approved several multi-year modernization projects for the Armed Forces, including...

North Macedonia to Welcome Two Major High-Tech Foreign Investments

North Macedonian Prime Minister Hristijan Mickoski announced two major foreign high-tech investments, one from Turkey and one from Germany,...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities