Retail sales in the euro area were weak

Euro area retail sales stagnate on an annual basis
The European Union’s statistical office (Eurostat) announced on Wednesday that seasonally adjusted data showed a 0.3 percent month-on-month increase in the 19-member eurozone and stagnant retail sales in August. Analysts expected an increase of 0.4 percent year-over-year and 0.8 percent from the previous month. (MTI)
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