Eurozone retail sales dropped in December, data from Eurostat revealed on Friday. Retail sales dropped 3% month-on-month, in contrast to the 1% increase in November. This was the first fall in five months. Sales of food, drinks and tobacco were down 0.3% and non-food product sales declined more sharply by 5.2%. On a yearly basis, retail sales advanced 2%, which was very tepid than Novembers 8.2% gain.
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