Eurozone retail sales fell 0.6% in October

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Eurozone retail sales slump worse-than-forecast 0.6% in October

Eurozone retail sales slumped a seasonally adjusted 0.6% in October, Eurostat reported Thursday, well below expectations of a flat reading. Compared to Oct. 2018, retail sales rose 1.4%, below the 2.3% growth rate expected in a FactSet-compiled poll. Mail order and internet sales dived 2.5% as non-food sales slipped by 1.1% during the month, Eurostat reported.

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