Eurozone retail sales dropped -3.0% mom in Dec, EU down -2.8% mom

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Eurozone retail sales dropped -3.0% mom in Dec, EU down -2.8% mom

Eurozone retail sales dropped -3.0% mom in December, much worse than expectation of -0.5%. Retail trade decreased by -5.2% for non-food products and by -0.3% for food, drinks and tobacco, while it increased by 0.1% for automotive fuels. EU retail sales dropped -2.8% mom. Among Member States for which data are available, the largest monthly […]

The post Eurozone retail sales dropped -3.0% mom in Dec, EU down -2.8% mom appeared first on Action Forex.

Source: Eurozone retail sales dropped -3.0% mom in Dec, EU down -2.8% mom