Retail sales in the euro area were weaker than expected

By: Trademagazin editor Date: 2019. 07. 08. 11:01

🎧 Hallgasd a cikket: Nyelv: Sebesség: 1.05×

Retail sales in the euro area were weaker than expected in May. In a monthly comparison, decline occurs for the second consecutive month in the volume of traffic as a further sign of slowing economic growth in the second quarter.

On Thursday, the European Union Statistical Office (Eurostat) reported that seasonally adjusted data showed a decline of 0.3 percent in April in the 19-member eurozone and 1.3 percent year-on-year for retail sales in May. (MTI)