Malta: Country had EU’s biggest February retail slump

Malta recorded the biggest slump in retail volume within the EU in February while most other member states made a recovery, according to Eurostat.

While retail trade within the EU rose nearly 3% between January and February, Malta took the hardest hit, posting a drop of 1.5%.

The majority of EU countries, on the other hand, saw the sector pick up pace, with Austria, Slovenia and Italy boasting the highest rise at 28.2%, 16.4% and 8.4%, respectively.

Source: Times of Malta

Updated 1745

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