EUROZONE RETAIL SALES DECLINE 2.9% YOY IN SEPTEMBER VS. -3.2% EXPECTED
Eurozone Retail Sales came in at -0.3% MoM in September vs. -0.2% forecast.
Retail Sales in the bloc arrived at -2.9% YoY in September vs. -3.2% expected.
Eurozone’s Retail Sales dropped 0.3% MoM in September as against a 0.7% fall in August, according to the official data released by Eurostat on Wednesday. The market expectation was for a -0.2% decline.
Annually, Retail Sales in the old continent dropped 2.9% in the reported month, compared to -1.8% recorded in August and -3.2% expected.
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