THIS MONTH IN EARNINGS

The UK saw a strong retail rebound,  US retail has continued to grow and the Eurozone looks like it is finally gaining momentum.

IN EUROPE:   Eurozone consumers have been recouping purchasing power recently as wage growth now outpaces inflation in the bloc. Over the past post pandemic years, the consumption recovery has been lopsidedly focused on services, and the question is when are retailers going to profit from the recovery of real wages in the eurozone, per ING Bank.