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.Both food and non-food product sales rebounded in Janua...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.