logo


Eurozone retail sales drop in Sept
Thursday, November 05, 2009 6:54 AM


(Source: Associated Press/AP Online)trackingBRUSSELS - Retail sales in the 16 countries that use the euro dropped by 0.7 percent in September, European Union statistics showed Thursday, evidence the economic recovery will be slow and bumpy.

The drop from August comes as high and rising unemployment and financial uncertainty continue to weigh on consumer confidence.

The EU's statistics agency Eurostat said sales of food, drinks and tobacco dropped by 0.9 percent in September, while sales of other goods fell by 0.6 percent.

Overall, retail sales fell by 3.6 percent in September from the same month a year ago.

Sales in the EU's largest economy, Germany, fell by 0.5 percent.

A service of YellowBrix, Inc.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia