Eurozone retail sales rebounded more-than-expected in November, led by an upturn in sales of non-food products, data published by Eurostat showed on Monday.Retail sales rose 0.8 percent month-on-month in November, in contrast to the 1.5 percent decrease in October, which was the biggest monthly decline since December 2021. In the earlier report, sales dropped 1.8 percent in October. Non-food produ...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.