Euro consumption falls again
Official European Union data showed a fall of 0.7 percent in retail spend for the month of September for the 16 nations using the euro, and recorded a 3.6 percent decline compared to the same period last year.
The EU as a bloc fared a little better, with a 0.4 percent overall decline and a 2.5 percent comparison with 2008, however, a number of countries showed greater declines: 7.6 percent in Lithuania and 2.4 percent in Estonia.
Eurostat said the figures indicated that consumers were still being cautious, though there were a couple of countries that recorded individual rises: Austria’s retail sector lifted 2.5 percent, and Slovakia recorded a 1.1 percent rise.
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