The retail sales slump 2.1%:Eurozone.
Sales across the eurozone declined 0.8% on a month-by-month basis in October, and by 2.1%
from a year earlier.
Retail sales across the 15 nations that share the euro fell more than expected in October,
increasing the likelihood of a cut in interest rates this week.
The European Central Bank (ECB) is widely expected to cut rates from the current 3.25% level
on Thursday.
Last month it reduced rates by half a percentage point.
Figures from Eurostat showed inflation in the eurozone fell to 2.1% in November, from 3.2%
the month before, furthering the chance of a rate cut.
- Share:
-
-
-
-
-
-
Related Allvoices Contributions
-
By: pochp
Report: Retail Sales Dropping
27 days ago
-
By: thapaprajwal
Report: US job losses reach 35-year high
about 1 month ago
-
By: petergill
Report: US retail sales fall ahead of Christmas
about 1 month ago
-
By: aarana
Report: Hot news:record break interest rate cut by European Central Bank.
about 1 month ago
Got a similar story?Add it to the network!
Or add related content to this report
News Stories | Blog Posts | Images | Videos | Comments
Cell phones use report code: @1932753
Related People
Site Links
Contributions
- Sign up, and add your voice by contributing to allvoices
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
