Eurozone retail sales fall at fastest rate in 16 months

August Eurozone Retail PMI® figures from Markit pointed to a deepening downturn in consumer spending within the currency union. Retail sales decreased for the second month running and at the fastest rate since April 2013 as Germany posted its first, albeit marginal, reduction in trade for 16 months….

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Eurozone retail sales fall at fastest rate in 16 months