Eurozone July retail sales -0.2% vs -0.1% m/m expected
<ul><li>Prior -0.3%; revised to +0.2%</li></ul><p>It's a mixed report as there was a positive revision to the June numbers at least. Looking at the breakdown, retail sales dipped in July mainly thanks to a decline in auto fuel purchases (-1.2%). Meanwhile, there were positive increases in food sales (+0.4%) and non-food products (+0.5%) on the month.</p>
This article was written by Justin Low at www.forexlive.com.
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