EMU DATA: Retail sales fell 1.0% on the month in April to its lowest
level for the year, Eurostat reported on Tuesday. In annual terms, sales
were down 2.5%.
— EMU April retail sales m/m below MNI median fcast (-0.2%)
— EMU March retail sales unrev +0.3% m/m
— EMU April retail sales -0.8% vs 1q avg; 1q +0.1% q/q; 4q -1.2%
— See MNI MainWire for details