Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Eurozone retail sales slightly down in March
+ -
20:21, May 06, 2009

 Related News
 Sarkozy calls for European bank regulation committee
 EU promotes consumer awareness of digital rights
 EU doubles fund for emergency lending to eastern members
 EU plays down need for further stimulus amid shrink forecasts
 Eurogroup chief warns of social crisis over unemployment
 Comment  Tell A Friend
 Print Format  Save Article
Retail trade volume in the euro zone fell 0.6 percent month on month in March, the European Union's (EU) statistics bureau Eurostat said Wednesday.

In March, food, drinks and tobacco sales decreased 1.4 percent on a monthly basis in the 16-nation euro area, while the non-food sector remained unchanged, Eurostat said.

Year on year, the eurozone retail sales slumped 4.2 percent in March, with food, drinks and tobacco down 5.2 percent and the non-food sector down 1.9 percent.

Meanwhile in the 27-nation EU, retail sales dropped 0.3 percent from the previous month and by 3.1 percent from year-ago levels.

Statistics showed that among the EU member states for which data were available, total retail trade fell in ten, rose in six and remained unchanged in Denmark and Romania on a monthly basis.

The highest increase was observed in Slovenia, which was 6.8 percent, while the largest decrease was in Lithuania with a drop of 4.3 percent.

Retail sales are an indication of household demand, one of the three major economic drivers. With the European economy in crisis and a rising jobless rate, analysts warned retail sales will shrink as private consumption is set to fall.

Source: Xinhua



  Your Message:   Most Commented:
Jackie Chan's 'freedom' talk sparks debate
Bias or information gap
China denies intruding into U.S. electrical grid
Obama shows his smart power
Calf born with two noses

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90865/6652413.pdf