Monday, January 3, 2011

Eurozone retail sales in February of this year were down 0.6%.

8 <P> Eurostat data released this year in February the euro zone retail sales were down 0.6% decline for the second consecutive month, compared to last year fell 1.1%. .</ P> <P> data showed the euro zone this year, in February of food, drink and tobacco retail sales were down 1.6%, down 3.1%; ring non-food retail sales rose 0.2%, up 0.7%. .</ P> <P> In addition, revised data showed the euro zone retail sales in January of this year decreased slightly by 0.2% qoq. .</ P> <P> EU-27 retail sales in February this year, unchanged from last month, down 0.7% over last year. .</ P> <P> retail sales reflect the level of private consumption, private consumption is to promote economic growth in the euro area and the EU three "engine" one. .International financial and economic crisis, the eurozone and the European Union sharply higher unemployment, leading to weak consumption, which is the main reason for the poor performance of the euro area retail sector. .</ P>.

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