Eurostat: annual retail sales via mail order/Internet are up 12%. Romania in top 3 countries with largest annual growth.
The latest annual figures on the volume of retail sales via either mail order houses or the Internet show a year-on-year increase of 12 % in the European Union (EU) in 2017.
According to the press release, retail sales by mail order or the Internet have been increasing through much of the last decade and since 2014 annual growth rates have exceeded 9 %. For total retail sales the pace of growth has been slower, with annual growth rates of between 2% and 3% since 2014.
Among the EU Member States for which data are available, Estonia shows the largest annual growth in retail sales via either mail order houses or the Internet between 2016 and 2017 (+36 %), followed by Hungary (+32 %), Romania and Lithuania (both +26 %). In contrast, there were year-on-year falls in Portugal (-9 %) and Finland (-1 %).
More Eurostat data here
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
