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Eurozone Retail Sales Fall More Than Forecast

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Eurozone retail sales declined more than expected in December due to the fall in non-food product turnover, official data showed Thursday.

Retail sales fell 0.5 percent month-on-month in December, marking the first fall in four months, Eurostat said. The decline followed November's 0.1 percent rise. Sales were forecast to drop 0.2 percent.

Sales of food, drinks, tobacco edged up 0.1 percent, while non-food product sales declined 1.2 percent. At the same time, automotive fuel in specialized stores remained flat in December.

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