Xin Ou
Research expert covering Greater China
Retail trade in Europe - Statistics and Facts
The retail industry is a key part of consumers' lives in Europe, however in recent years many countries have seen decreasing sales volumes due to the impact that inflation and the energy crisis has had on consumers. Notable exceptions to this were Turkey and Luxembourg, the former seeing sales growth of over 20 percent.
One of the largest and most important retail markets in Europe in terms of wholesale and retail turnover, however, was the German market, with a value of nearly 2.5 trillion euros. France, the United Kingdom, and Italy were likewise among the largest markets.
