Eurozone Retail Sales drop 0.8% YoY in December vs. -0.9% expected

• Eurozone Retail Sales came in at -0.8% YoY in December vs. -0.9% estimated.
• Retail Sales in the bloc arrived at -1.1% MoM in December vs. -1.0% forecast.

Eurozone’s Retail Sales declined 0.8% YoY in December, compared with a 0.4% drop in November, the official data released by Eurostat showed on Tuesday. The market had expected a decrease of 0.9%.