Eurozone Retail Sales Barely Rebound Despite Recovery in Non-Food Spending

Eurozone retail sales rose just 0.1% m/m in August after falling 0.6% in July, missing expectations for a 0.2% increase. On an annual basis, retail trade volume increased 0.8% y/y, up from a revised 0.4% in July. The modest rebound suggests household demand stabilized after the previous month’s decline, but the recovery remained weak at […]

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