Thursday, April 03, 2008

Spain Retail Sales February 2008

Euro zone retail sales turned out much weaker than expected in February, contracting on the back of falls in Germany, Italy and Spain and reinforcing concerns about the outlook for economic growth across the eurozone. In the Spanish case retail sales contracted by 2.6% when compared with February 2006, according to data from Eurostat earlier today.

Sales were also down in February by 0.2% when compared with January.

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