facebook
twitter
rss
account
search
search
 

Retail sales slide in Europe

Dec. 5, 2012 at 11:46 AM   |   Comments

BRUSSELS, Dec. 5 (UPI) -- Retail sales dropped in the European Union in October compared with September, the data office Eurostat said Wednesday.

In the 27-nation EU, sales slid 1.1 percent. In the eurozone, comprised of 17 nations that share the euro as currency -- sales dropped 1.2 percent month to month, Eurostat said.

Eurostat also announce downwardly revised figures for September with sales down 0.2 percent in the EU and 0.6 percent in the eurozone.

Previously, Eurostat reported a 0.1 percent gain in the EU and a 0.2 percent drop in the eurozone.

October's drops in both the EU and the eurozone were pushed by a 0.8 percent drop in both regions in food, drinks and tobacco sales.

With data unavailable or withheld by six countries, Eurostat said Ireland posted the largest gain for October with sales up 1.9 percent, followed by Lithuania (up 0.8 percent) and Belgium, (up 0.7 percent).

Sales declined fastest in Portugal (down 4.5 percent), Finland (down 3 percent) and Germany (down 2.8 percent).

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
Hershey's new logo launched, compared to emoji poop
2
The 'Home of the Whopper' to keep headquarters in U.S.
3
Canadian media must broadcast official emergency notifications
4
France receives upgraded aerial tanker
5
Kurds raise oil funds for refugees
Trending News
Video
x
Feedback