Eurozone retail sales fall -0.7% mom in May, EU down -0.8% mom

Eurozone retail sales volumes declined by -0.7% mom in May, slightly better than expectations for a -0.8% mom fall but still signaling weak consumer activity across the bloc. The decline was broad-based, with food, drinks and tobacco sales down -0.7% mom, non-food products (excluding fuel) off by -0.6% mom, and automotive fuel volumes sliding -1.3% […]

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