European retail sales in surprise fall
UPDATE: European retail sales have shown a surprise fall in December, led lower by Germany and France.
European retail sales have shown a surprise fall in December, led lower by Germany and France.
The EU reported a 0.4 per cent drop in December sales and a 1.6 per cent drop from the same time a year earlier.
According to Bloomberg News, the average forecast was for a gain of 0.3 per cent in December from November.
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