June 07, 2011

Eurozone consumers keep shopping despite debt crisis

Retail sales in the 17 countries that use the euro rose more than expected in April, despite the debt crisis and an interest rate rise.

Retail sales rose 0.9% in April, compared with the previous month, the statistics office Eurostat said.

The increase was much bigger than had been expected, and made up for March's 0.9% decline.