The European Deflated Turnover Index of Non-Food Retail shows Slovenia and Lithuania leading in growth rates for 2024, with their values significantly above the 2015 baseline. Slovenia, Lithuania, and Romania demonstrate strong year-on-year increases, indicating robust non-food retail growth. In contrast, Spain and Slovakia show slight declines. Notably, growth in Germany, France, and other larger economies remains modest, reflecting stability rather than expansion. Over the past five years, the sector has exhibited consistent annual growth, albeit at varying rates across different countries.
Future trends to watch include digital transformation's impact on retail, shifts in consumer behavior toward sustainability, and economic factors affecting consumer spending across Europe. Additionally, macroeconomic conditions post-pandemic and geopolitical shifts may influence retail dynamics differently across countries, potentially altering the current growth patterns.
Top countries in Deflated Turnover Index of Non-Food Retail by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 194 | 2022 | +32.51% | +10.12% | View data |
| 2 | 2 Lithuania | 173.6 | 2022 | +4.52% | +8.19% | View data |
| 3 | 3 Romania | 173.4 | 2022 | +6.25% | +6.41% | View data |
| 4 | 4 Bulgaria | 154.1 | 2022 | +7.54% | +6.57% | View data |
| 5 | 5 Estonia | 150.6 | 2022 | +4.29% | +6.31% | View data |
| 6 | 6 Croatia | 141.6 | 2022 | -0.84% | +4.05% | View data |
| 7 | 7 Malta | 140.6 | 2022 | +9.93% | +4.63% | View data |
| 8 | 8 Ireland | 137.1 | 2022 | +4.74% | +3.54% | View data |
| 9 | 9 Czech Republic | 134.2 | 2022 | -2.96% | +3.17% | View data |
| 10 | 10 Cyprus | 131.9 | 2022 | +4.19% | +3.09% | View data |
