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EUROZONE RETAIL SALES RISE 0.8% IN MARCH VS. 0.6% EXPECTED

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  • Retail Sales in the Euro area rose more than expected in March.
  • EUR/USD stays in daily range slightly above 1.0750.

Retail Sales in the Euro area rose 0.8% on a monthly basis in March, Eurostat reported on Tuesday. This reading followed the 0.3% decline recorded in February and came in better than the market expectation for an increase of 0.6%. For 12 months, Retail Sales were up 0.7% in the Euro area.

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