Euro-Region Retail Sales Unexpectedly Rose in March on Germany
This article is for subscribers only.
European retail sales unexpectedly increased in March as consumers in Germany and France helped offset slumping demand in the region’s periphery nations.
Sales rose 0.3 percent from February, when they slipped 0.2 percent, the European Union’s statistics office in Luxembourg said today. Economists had forecast unchanged sales, according to the median of 17 estimates in a Bloomberg News survey. From a year earlier, sales fell 0.2 percent.