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Eurozone retail sales annual growth falling 0.2% on a month-on-month basis

Eurozone retail sales annual growth slowed for a second straight month in September, falling 0.2% on a month-on-month basis, according to preliminary data from Eurostat. The drop was mainly caused by a slump in sales of non-food products, with the sharpest declines seen in Germany, Portugal and Slovenia. Compared to the same month last year, retail sales were up 1.1%.

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