Eurozone consumer spending has shown fresh signs of weakness with retail sales falling unexpectedly sharply for a second month running – even as German manufacturing orders powered ahead.
Retail sales in the 15-country region fell by 0.5 per cent in November, after a 0.7 per cent fall in October, according to figures from Eurostat, the European Union’s statistical office. The fall was almost certainty a reaction to soaring energy and food costs.
