Eurozone retail sales drop in July, signaling resilience may falter
Eurozone retail sales volumes fell 0.6% month over month in July, pointing to potential cracks in the region’s resilience to high energy prices, even as separate data indicated continued German industrial recovery.
By Ed Frankl and Don ForbesEurozone retail sales fell unexpectedly in July, a sign that the currency area's resilience in the face of high energy prices might be faltering even as separate figures pointed to a continued recovery in German industry.Retail sales volumes fell by 0.6% on month compared…