Eurozone retail sales fall -0.5% mom in December as consumer weakness persists

Retail sales across the Eurozone fell -0.5% mom in December, a steeper decline than the expected -0.2% drop. Detail shows a clear split between essentials and discretionary items. Food-related sales rose slightly by 0.1% mom, but non-food purchases excluding fuel slumped 1.2%, pointing to continued restraint on big-ticket and discretionary spending. Fuel sales were flat, […]

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