Eurozone retail sales grew less than expected at the start of the year suggesting that high inflation continued to eat into consumer spending, data from the statistical office Eurostat showed Monday.
Retail sales increased only 0.3 percent in January from December, when turnover was down 1.7 percent. Economists had forecast 1.0 percent growth.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.