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Wednesday, October 4, 2017

Eurozone August retail sales fall by most in nearly two years

Eurozone August retail sales data - August sales -0.5% m/m compared to +0.3% expected - Worst decline since Oct 2015 - Prior was -0.3% m/m - In y/y terms, sales up 1.2% compared to 2.6% expected That's an ugly number but the euro is higher by 30 pips on the day nonetheless.
Eurozone August retail sales fall by most in nearly two years

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