On Friday published a set of data on the peripheral countries of the eurozone. They basically showed weakness, but not chronic, conditions in these countries. For example, retail sales in Greece fell to 6.3% y / y and 0.9% m / m, although sales are still 24% below their peak in early 2008, with almost zero growth in the past nine months . Sales in Portugal, also fell by 1,4% m / m, dropping seven of the last nine months, and recent data on industrial production showed a decline of 4.8% yoy and 16% below the levels observed for three and a half years ago.
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