Eurozone September retail gross sales +zero.5% vs +zero.four% m/m anticipated
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- Prior +zero.2%; revised to +1.1%
Euro space retail gross sales grew by greater than anticipated and that’s on high of a pointy revision increased to the August determine. Wanting on the particulars, meals gross sales had been down zero.four% however non-food retailer retail gross sales had been up 1.1% with automotive gas retailer gross sales up zero.2% on the month. That being mentioned, all that is Q3 knowledge and feeds into the general image right here already.
This text was written by Justin Low at www.ubaidahsan.com.
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