Retail sales in the euro area were weaker than expected
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)
Related news
Climate Policy Institute: climate change may cause food prices to rise further
Climate change has a significant impact on the world’s agriculture,…
Read more >The melon season started earlier this year
This year, we can enjoy high-quality cantaloupes and cantaloupes two…
Read more >Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >