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MNI: EUROZONE DATA: Retail Sales (May 2019)..........>

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MNI: EUROZONE DATA: Retail Sales (May 2019)
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- EZ retail sales surprised to the downside in May, posting a 0.3% m/m
decline...
- ... to leave the annual rate at +1.3% (its weakest so far this year)
- May's monthly decline in sales is the second in a row, but follows a
milder-than-originally-reported drop of 0.1% in Apr (revised up from -0.4%)
- The sharpest m/m declines were registered in Lithuania (-3.0%), Estonia
(-2.5%) & Austria (-2.1%)...
- ... while the largest gains were seen in Portugal (+1.5%), Spain (+1.1%) &
Belgium (+1.0%)
- The weak performance in sales was broad-based, with those of automotive fuels
falling most sharply on a m/m basis (-1.3%)... 
- ... while food, drinks & tobacco sales declined for a 2nd consecutive month...
- ... and those of non-food products edged slightly lower (-0.1%) after falling
for the first time in three months in Mar and remaining unchanged in Apr

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