European retail sales take a dive
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May 31, 2007, 10:31 am
Filed under: International News
Filed under: International News
Retail sales in the euro zone fell for the first time in three months in May, the Bloomberg purchasing managers’ index showed yesterday.
New York – Retail sales in the euro zone fell for the first time in three months in May, the Bloomberg purchasing managers’ index showed yesterday.
A gauge measuring retail sales declined to a seasonally adjusted 48.4 from 54.6 in April. Even after the decline, retailers were more optimistic that they would exceed sales targets in June amid an economic expansion. – Bloomberg
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