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Eurozone retail sales fall 0.6% in July, Eurostat says

Eurostat data showed Eurozone retail sales declined 0.6% month on month in July. It reversed an earlier increase in June. The drop was unexpected versus economists’ expectations.

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone retail sales declined unexpectedly in July after rising in the previous two months, data from Eurostat showed on Friday.Retail sales decreased 0.6 percent monthly in July, reversing a 0.2 percent rise in June.

Meanwhile, economists had expected an incre…