- Eurozone annual Retail Gross sales rose 1.5% in March.
- Retail Gross sales within the outdated continent got here in at -0.1% MoM in March.
The Eurozone’s Retail Gross sales elevated 1.5% year-over-year in March, following a revised 1.9% development in February, in accordance with official information launched by Eurostat on Wednesday. Markets estimated a 1.6% determine.
On a month-to-month foundation, Retail Gross sales within the outdated continent declined 0.1% in the identical interval versus February’s +0.2% revision whereas coming in under the 0% estimated studying.
FX implications
The Eurozone information fail to maneuver a needle round the Euro. The EUR/USD pair is buying and selling 0.08% decrease on the day at 1.1360, as of writing.
