Eurostat released its retail sales data for the Eurozone on Friday. Retail sales in the Eurozone were flat in April, missing expectations for a 0.3% rise, after a 0.6% fall in March. March’s figure was revised down from a 0.5% decrease.
Non-food sales were flat in April, food, drinks and tobacco sales increased 0.5%, while automotive fuel sales were down 0.1%.
On a yearly basis, retail sales in the Eurozone climbed 1.4% in April, missing forecasts of a 1.9% gain, after a 1.8% increase in March. March’s figure was revised down from a 2.1% rise.
Non-food sales gained 1.9% year-on-year in April, gasoline sales jumped 2.2%, while food, drinks and tobacco sales rose 0.8%.
The post Eurozone’s retail sales are flat in April appeared first on forex-analytics.press.