Eurozone Retail Sales Fall

Sales dropped 0.3% in June Eurozone retail sales fell 0.3% month-on-month in June, missing the 0.1% consensus. The annual growth rate eased to 0.7%, the slowest pace in almost two years. Despite the disappointing retail sales, the broader economy is holding

Sales dropped 0.3% in June

Eurozone retail sales fell 0.3% month-on-month in June, missing the 0.1% consensus.

The annual growth rate eased to 0.7%, the slowest pace in almost two years.

Despite the disappointing retail sales, the broader economy is holding up reasonably well.

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