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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 337.09+0.2%Dec 4 4:00 PM EST

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To: Justa Werkenstiff who wrote (1221)6/1/2001 6:39:36 AM
From: Justa Werkenstiff  Read Replies (1) of 10065
 
The trend continues ...

Euro zone March retail sales weaker than forecast


BRUSSELS, June 1 (Reuters) - Retail sales volume in the 12-nation euro zone rose by 1.6 percent year-on-year in March but fell by 0.4 percent compared with the previous month, European Union statistical agency Eurostat said on Friday.

The data was weaker than the average forecast of economists polled by Reuters. This forecast had called for growth of 2.6 percent year-on-year and a drop of 0.1 percent month-on-month.

The data provided further evidence of weakening economic growth in the euro zone.

However, February retail sales growth was revised up to 1.6 percent year-on-year from a previous figure of 1.2 percent. Month-on-month growth in February was unrevised at 0.1 percent, Eurostat said.

06:05 06-01-01
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