The Eurozone retail sales fell 3.1% in April’s monthly reading, worsening the expected 1.2% decline. This is the first drop after two consecutive months of rises. In March, the indicator rose 3.3 (figure revised up from 2.7%).
Year-on-year, the indicator has grown by 23.9%, almost doubling the 13.1% rise of the previous month (a figure revised up from 12%). Despite the strong increase, retail sales have not met expectations of a rise of 25.5%.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
