Retail sales dropped 2.4 percent in the 17-member eurozone from March 2012 to March 2013, the data office Eurostat said Monday. The drop exceeded expectations. Following a 1.7 percent drop on an annual basis in February, economists expected the contraction to increase to 1.9 percent. In the European Union, a 27-member block that includes the eurozone, retail sales were down 1.6 percent March to March. Compared to February, sales were down 0.1 percent in the euozone and 0.2 percent in the EU. Among countries included in the report, Latvia posted the highest annual sales gain at 8.8 percent. No other country was close. The second largest gain was in Lithuania with sales up 4.5 percent. In Sweden, sales rose 3 percent on an annual basis. The largest declines were in Spain, with retail off 10.5 percent, and in Slovenia, where sales were off 7.7 percent. In Portugal, retail sales fell 5.9 percent, Eurostat said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor