Eurozone Retail Sales rose by 5% YoY in February

Eurozone’s Retail Sales rose by 0.3% MoM in February versus 0.6% expected and 0.2% last, the official figures released by Eurostat showed on Thursday.

On an annualized basis, the bloc’s Retail Sales came in at 5% in February versus 8.4% recorded in January and 4.8% estimated.