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EUROZONE: WEAK RETAIL SALES GROWTH IN LINE WITH EXPECTATIONS FOR WEAK 1Q GDP

Post Date: 06 March 2024

The growth of 0.1% is no break from the downward trend in sales, which started in late 2021. This adds to expectations of sluggish consumption growth in the first quarter. This also means that goods prices are not a concern for the European Central Bank as it can fully focus on rising services inflation.


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