EUROPE: Retail sales decline in June | Progresiv

Retail sales across Europe declined in June, the first such drop in three months, hurt by drops across the board.

Across the 19-member euro area, sales were down 0.6% month-on-month, while they declined by 0.5% in the 28-member EU block. Compared to June 2014, however, sales were up 1.2% and 2.0%, respectively. Sales of Food, drinks & tobacco were down 0.8% month-on-month in the euro area, and by 0.6% in the EU. Compared to June 2014, such sales were up 0.1% and 0.8%, respectively.

Non-food sales were down 0.2% month-on-month in the euro area, and by 0.1% in the EU. On a yearly basis, non-food sales were up 2.3% and 3.4%, respectively. (www.kamcity.com)