Euro-Area Retail Sales Decline, Led by Weakness in France
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Euro-area retail sales fell in February as a drop in France offset gains in Germany and Spain.
Sales in the 17-nation currency bloc decreased 0.3 percent from January, when they rose a revised 0.9 percent, the European Union’s statistics office in Luxembourg said today. Economists had forecast a decline of 0.4 percent, according to the median of 20 estimates in a Bloomberg News survey. From a year earlier, February sales fell 1.4 percent.