While full details are not yet available, the non-food products category posted the largest drop (-0.6%yoy) and all but three countries (Sweden, France, and Finland) in MSCI Europe reported contractions in sales versus October of 2012:
European Consumer Discretionary companies have been the best performers over the last four years, but that momentum is slowing:
Some of the best performing sub-industries and their constituents have begun to struggle over the last month or so:
