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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE DATA
MNI (London)
EZ JUN RET SALES +1.5% M/M, +5.0% Y/Y; MAY +4.1% M/M
- EZ retail retail sales decelerated to 1.5% in Jun after rising 4.1% in May, but still marking a second successive increase.
- Monthly sales came in slightly weaker than markets anticipated (BBG: +1.6%).
- Food sales declined by 1.5% in Jun, showing the third successive drop, while sales of non-food products slowed to 3.4%, after rising sharply by 8.3%.
- Fuel sales decelerated as well, easing to 3.8% following a strong reading in May at 8.5%.
- Annual sales slowed for the second successive month in Jun to 5.0%, after jumping to 23.3% in April due to base effects.
- Among the member states, Ireland (+9.4%), Germany and Latvia (both +4.2%) recorded the largest m/m gains, while Malta (‑3.0%), Austria (‑2.7%) and the Netherlands (‑2.4%) saw the biggest declines.
Source: Eurostat
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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