![eurozone 112819 31jul20][1]
The euro area economy contracted at the fastest pace on record in the second quarter to enter a historic recession as all major economies in the bloc logged double-digit declines due to the restrictions imposed to curb the spread of the coronavirus. Gross domestic product fell 12.1 percent on a quarterly basis, bigger than the 3.6 percent drop in the first quarter, preliminary flash estimate publ [Read more…][2]
Switzerland’s retail sales increased in June, data from the Federal Statistical Office showed on Friday. Retail sales rose a working-day adjusted 1.1 percent year-on-year in June. Sales of food, drink and tobacco gained 5.7 percent yearly in June, and those of non-food sector rose 0.1 percent. Other… [Read more…][3]
Dutch retail sales rose for a second month and at the fastest pace in fifteen years in June, as spending recovered after the coronavirus pandemic-induced slump, figures from the Central Bureau of Statistics showed on Friday. Retail sales grew 9.8 percent year-on-year in June, following an 8.7 percent… [Read more…][4]
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- www.rttnews.com/3116954/eurozone-gdp-contracts-at-record-pace-amid-covid-19-pandemic.aspx?type=eueco
- www.rttnews.com/3116913/swiss-retail-sales-rise-in-june.aspx?type=eueco
- www.rttnews.com/3116908/dutch-retail-sales-rise-the-most-since-2005.aspx?type=eueco
- www.rttnews.com/list/european-economic-news.aspx