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Eurozone textile retails sales recovers

In October, textile, clothing and footwear retail sales grew 1.1 per cent in Eurozone countries in comparison to the same month last year. This is in a way a recovery from September, when sales dropped 7.2 per cent.

So far this year, the only months that have been positive for the sector in the Eurozone was April, when retail sales went up 1.9 per cent, August with a growth of 1.6 per cent and now in October. Between May and July, the sector’s revenue fell, between 2.5 per cent and 2.3 per cent.

In the whole of the European Union, textile, clothing and footwear sales grew in October by 1.4 per cent in comparison to the same month last year. It was the fourth month in 2017 that the sector ended positively, as the business grew 0.1 per cent in January, 1.9 per cent in April and 1.6 per cent in May.

Despite the bounce back, textile was the sector which recovered the least during October. On the whole, retail sales registered a growth of 1.7 per cent in the Eurozone, whereas the European Union grew by 2.1 per cent.

The sector that grew the most during the tenth month of the year was that of computer equipment, followed by the alimentation and drinks sector, with a growth of 2.3 per cent.

 
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