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Eurozone Retail Sales Fall Most In Over 7-1/2 Years

Eurozone retail sales decreased at the fastest pace in over seven-and-a-half years in December, driven by sharp decline in sales of non-food items such as clothing and footwear and internet purchases. Retail sales, excluding automobile trade, declined 1.6 percent from November, when they increased 0.8 percent, which was revised from 0.6 percent, preliminary data from Eurostat showed on Tuesday.
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