Euro area May retail sales recover more than predicted

Source: RTTNews
© Scanpix\Reuters
Retail sales in the Euro block advanced in May, following a decline in sales for three consecutive months, and the rate of economic expansion overshot expectations. Retail sales inched up 1% in May, rebounding from April's 0.2% declined. Sales of drinks, food and tobacco jumped 0.9% in May, and trade in the non-food area also rose 0.9%.
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