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Eurozone's retail sales declined
for a third successive month in April, the latest figures from
Eurostat revealed Wednesday.
Sales dropped 0.5 percent month-on-month in April, faster than a 0.2 percent fall reported in March. Economists had forecast a 0.2 percent fall.
Sales of food, drinks and tobacco fell 2 percent from a month earlier, while trade in non-food products, except auto fuel, increased 0.6 percent.
On an annual basis, total retail sales slipped 1.1 percent compared with a 2.2 percent drop in March. The decline was steeper than a 0.8 percent fall predicted by economists.
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