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Retail Sales in Eurozone Better Than Expected

by The "State" Team

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Europe Update: Eurozone Retail Sales

Retail Sales fell in the Eurozone by -1.3% on a year-over-year basis in January.

The decline was better than the consensus expectations for a decline of -2.9% as well as last month’s drop of -3.0%.

On a monthly basis, sales rose +1.2%, which was more than the expectations for +0.2% and the prior month’s decline of -0.8%.

 

  iShares EU - Last 12 Month
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