Tuesday, July 5, 2011

European Retail Sales Declined 1.1% in May

European retail sales declined the most in more than a year in May, as consumers from Germany to Ireland and Spain cut spending.

The last line of this bloomberg article is the best:

 "The statistics office didn’t provide figures for Greece, Italy and the Netherlands"

Why not provide the data for Greece and Italy? Hmmm, something smells fishy, how bad where they?