- Eurozone annual Retail Sales rose 1.9% in December.
- Retail Sales in the old continent arrived at -0.2% MoM in December.
Eurozone’s Retail Sales rose 1.9% in the year through December after increasing by a revised 1.6% in November, the official data released by Eurostat showed on Thursday. The data aligned with the market expectations.
On a monthly basis, Retail Sales in the old continent declined by 0.2% in the same period versus November’s 0% revision while coming in below the estimated -0.1% drop.
FX implications
The Eurozone data fails to lift the Euro. At the time of writing, the EUR/USD pair is trading 0.40% lower on the day at 1.0361.
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