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Small business indicators, China business survey, Car sales, FDI, Euro retail sales

Summary:
Light vehicle sales peaked a while back: Been helping to support the $US: Eurozone Retail Sales Fall Unexpectedly Retail trade in the Euro Area fell 0.3% in May, following a 0.1% drop in April and missing expectations of a 0.3% growth, as sales declined for all main categories. Among the bloc’s largest economies, Germany’s retail trade decreased for the second month, while gains were recorded in France and Spain. Year-on-year, retail sales rose 1.3%, also missing forecasts of 1.6%.

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Small business indicators, China business survey, Car sales, FDI, Euro retail sales

Small business indicators, China business survey, Car sales, FDI, Euro retail sales

Small business indicators, China business survey, Car sales, FDI, Euro retail sales
Light vehicle sales peaked a while back:

Small business indicators, China business survey, Car sales, FDI, Euro retail sales
Been helping to support the $US:

Small business indicators, China business survey, Car sales, FDI, Euro retail sales

Eurozone Retail Sales Fall Unexpectedly

Retail trade in the Euro Area fell 0.3% in May, following a 0.1% drop in April and missing expectations of a 0.3% growth, as sales declined for all main categories. Among the bloc’s largest economies, Germany’s retail trade decreased for the second month, while gains were recorded in France and Spain. Year-on-year, retail sales rose 1.3%, also missing forecasts of 1.6%.

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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