World Economy

Eurozone Retail Sales Drop

Eurozone Retail Sales DropEurozone Retail Sales Drop

Official figures show retail sales across the 19-country eurozone edged down by 0.2% in September from the previous month, led by a decline in Germany, where economic indicators have otherwise been upbeat this year, AP reported. The Eurostat statistics agency said that sales of non-food products like clothing, footwear, furniture and medical goods fell the most. Food and tobacco edged up. The eurozone economy has held up well in the face of uncertainties such as Britain’s decision to leave the European Union, the US election and a decline in global trade.


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