Euro zone: Retail sales down 0.5% in February







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(Reuters) – Retail sales in the euro zone fell 0.5% month-on-month in February, according to data published on Friday by Eurostat, slightly below analysts’ consensus of -0.4% and after 0.0% (revised ) in January.

Over one year, retail sales in the 20 countries sharing the euro fell by 0.7%, while analysts expected a drop of 1.3%.

February sales of food, beverages and tobacco products fell by 0.4% month-on-month and by 1.4% for fuels.

Over one month, sales for non-food products (excluding fuel) fell by 0.2%.

(Written by Dimitri Rhodes)











Reuters

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