Euro-zone May retail sales slide 0.4%
LONDON (MarketWatch) — Retail sales volume in the 16-nation euro zone fell by a larger-than-expected 0.4% in May, following a revised 0.1% increase in April, the European Union statistics agency Eurostat reported Friday. Compared to May 2008, sales fell 3.3%. Economists had forecast a 0.2% monthly decline and a 2.7% annual fall.
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