EUROZONE RETAIL SALES DROP 3.0% YOY IN MARCH VS. -3.5% EXPECTED

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  • Eurozone Retail Sales came in at -0.8% MoM in March vs. -0.8% expected.
  • Retail Sales in the bloc arrived at -3.0% YoY in March vs. -3.5% expected.

Eurozone’s Retail Sales declined by 0.8% MoM in March versus -0.8% expected and 0.8% previous, the latest official figures released by Eurostat showed on Tuesday.

On an annualized basis, the bloc’s Retail Sales came in at -3.0% in March versus -1.8% recorded in February and -3.5% expected.

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