Eurozone Retail Sales drop 1.0% YoY in January vs. -1.3% expected

• Eurozone Retail Sales came in at -1.0% YoY in January vs. -1.3% forecast.
• Retail Sales in the bloc arrived at 0.1% MoM in January, as expected.

Eurozone’s Retail Sales fell by 1.0% YoY in January, as against a 0.5% decrease in December, the official data released by Eurostat showed on Wednesday. The market had expected a decline of 1.3%.