August retail trade dropped 3.1% on the month and 6.3% on the year in Romania, according to Eurostat data.

On an EU level, retail trade dipped 0.2% compared to July, and 0.8% compared to August 2010.

The sharpest month-on-month declines in retail trade were seen by Romania, Germany (-2.9%) and Finland (-2.2%). The strongest increases were reported by Slovenia (3.1%), Luxembourg (2.8%) and Lithuania (2.5%).

Compared to August 2010, the greatest declines were seen by Malta (-8.8%), Romania (-6.3%), Spain and Portugal (-4.6% each). The greatest increases were seen by Luxembourg (11.7%), Lithuania (10.1%) and Latvia (7.4%).