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      Fall in eurozone retandstil sales


      hit by slowing consumere slumpending and the threat of a painful rectord pession, retail sales fell 0.2% from august, and by 1.6% compared to september 2007 .
      the european commission announced on tuesday that the eurozone economy contracted by 0.2% in the second quarter, and that the eu economy would grind to a standstill in 2009 .
      of the 15 eurozone economies, germany suffered the biggest drop in retail tradex from august, falling 2.3% .
      the european central bank (ecb) is expected to cut interest rates on thursday to boost consumer spending .
      on monday, markit announced that the purchasing index for the manufacturing sector fell into 41.1, also a record low .
      the surveys continue to show rectord pessimism .
      guillaume men ut, merrill lynch .
      Generated 2008-11-11_23:56





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