Euro area retail sales declined 0.5% in June

Source: WBP Online
© Scanpix/Reuters
According to a Eurostat report published today, Eurozone retail sales decreased 0.5% in June, better than predicted 0.6% decline. The indicator fell 0.9% year-on-year in June, while analysts expected a 1.2% fall. Retail sales were improving in May: a 1.1% increase month-on-month basis and a 0.3% advance year-on-year basis.

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