EMU DATA: Retail sales in the Eurozone fell by a sharper-than-expected
1.1% on the month in May to its lowest level since September 2009,
Eurostat reported on Tuesday. The monthly decline knocked sales down
1.9% on the year.
— EMU May retail sales m/m below MNI median fcast (-0.9%)
— EMU April retail sales rev +0.7% m/m (+0.9%)
— EMU April+May avg retail sales -0.4% vs 1q avg; 1q -0.2% q/q
— For more information, please see MNI Mainwire