Eurozone retail sales down
BRUSSELS: Retail trade in the 16 eurozone nations fell unexpectedly sharply in February, dropping 0.6% from the level in January, official EU data showed on Monday, 6 April 2009.
The figure was sharply worse than a drop of 0.4% forecast by analysts polled by Dow Jones Newswires.
The volume of retail trade in the entire 27-nation European Union fell by 1.2%, the EU's Eurostat data agency said.
On a 12-month basis, eurozone sales in February dropped by 4.0% and EU sales by 3.4%, the agency said.
Source: AFP
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