GfK’s Map of the Month for August illustrates the forecasted growth rates for brick-and-mortar retail turnover in Europe in 2019.
According to GfK’s latest retail study, nominal turnover growth of +2.0% is anticipated for the EU-27 nations (excludes the United Kingdom) in 2019. The highest growth rates are expected for Romania (+7.0%), Lithuania (+5.9%) and Latvia (+4.9%). At the other end of the spectrum are the Netherlands (+0.5%), Denmark (+0.7%) and Germany (+0.8%). Contributing factors to these predictions are the dynamic growth of online retail and a dampened consumer climate, among others.
Download the map in high-resolution JPG format…
More results from GfK’s recently published European retail analysis and prognosis can be accessed in our press release. You can download the complete study “European retail in 2019” here.
The map may be freely distributed and reproduced if the following attribution is included: “Illustration: GfK”.