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Euro zone retail sales beat forecasts in March



04 May 2012 @ 05:34 am EDT

The euro zone released the retail sales indexes for March, where the monthly retail sales index expanded by 0.3% from the previous drop of 0.1%, better than the expected unchanged index.

Moreover, the annual retail sales index dropped by 0.2% from the previous drop of 2.1%, beating estimates of 1.1% drop.

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