Inquiring minds are reading European Retail Sales Decline Most in Nine Months.European retail sales declined the most in nine months in February as rising unemployment prompted consumers to cut back spending. Sales in the 16-nation euro region fell 0.6 percent from January, when they decreased 0.2 percent, the European Union’s statistics office in Luxembourg said today. That’s the biggest drop since May 2009. Economists forecast sales to remain unchanged, the median of 15 estimates in a …

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Wal-Mart Bets on Reduced Prices; European Retail Sales Decline Most in Nine Months