Thursday June 4, 12:55 PM
Eurozone retail sales break losing streak: EU
BRUSSELS (AFP) - Retailers in the 16 nations using the euro saw their sales rise in April for the first time since November, according to official EU data released on Thursday.
The volume of retail sales in the eurozone nudged up 0.2 percent over one month, bringing the decline over 12 months to 2.3 percent, the European Union's Eurostat data agency said.
The result, which was in line with economists' forecasts, marked an improvement from March when eurozone retail dipped 0.1 percent over one month and fell 3.4 percent over one year.
Retail trade was even stronger in the 27-nation EU, with sales rising 0.5 percent over one month in April and falling 1.4 percent over one year.
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