consumer spending

Eurozone retail sales fall unexpectedly in June

Retail sales across the eurozone fell unexpectedly in June, marking the second monthly decline in three months and underscoring persistent weakness in consumer spending as the bloc contends with elevated interest rates and geopolitical uncertainty.

ECB says Iran war hit eurozone spending harder than expected

Euro-zone household consumption fell sharply in the early weeks of the Iran war, with the decline driven primarily by uncertainty rather than inflation, according to research published Monday in the European Central Bank's economic bulletin.