Eurozone Retail Sales arrive at 0% YoY in August vs. 0.4% expected

• Eurozone Retail Sales rose by 0.3% MoM in August vs. 0.8% expected.

• Retail Sales in the bloc stood at 0% YoY in August vs. 0.4% expected.

Eurozone’s Retail Sales rose by 0.3% MoM in August versus 0.8% expected and -2.6% last, the official figures released by Eurostat showed on Wednesday.

On an annualized basis, the bloc’s Retail Sales came in at 0% in August versus 3.1% recorded in July and 0.4% estimated.

more to come ....