EU Retail Sales (MoM) improves to 0.7% in August; -0.3% (YoY)

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EMU: Annual Retail Sales fall less than expected in August

Eurozone year-over-year Retail Sales surprised to the upside on Thursday, dropping by only 0.3% in August, up from the 0.7% decrease in July and well above forecasts of -1.5%.
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