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    Eurozone’s retail sales decline 0.2% in February | 08.04.2015

     

    Eurostat released its retail sales data for the Eurozone on Wednesday. Retail sales in the Eurozone fell 0.2% in February, missing expectations for a 0.1% decrease, after a 0.9% gain in January. January's figure was revised down from a 1.1% rise.

     

     

    The decline was driven by lower gasoline sales and lower sales of food and drinks.

     

     

    On a yearly basis, retail sales in the Eurozone rose 3.0% in February, after a 3.2% increase in January. January's figure was revised down from a 3.7% gain.

     

     

    As oil prices have stabilised in recent months, the households spending sank.


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