Investing.com - Retail sales in the euro zone fell more-than-expected in September, while the previous month’s figure was revised lower, official data showed on Wednesday.
In a report, Eurostat said retail sales declined by a seasonally adjusted 0.6% in September, compared to expectations for a 0.4% fall.
Retail sales for August were revised down to a 0.5% gain from a previously reported increase of 0.7%.
Year-over-year, retail sales in the euro zone rose at an annualized rate of 0.3% in September from a year earlier, below expectations for a 0.7% gain, after falling 0.2% in August.
Following the release of the data, the euro held on to gains against the U.S. dollar, with EUR/USD easing up 0.21% to trade at 1.3504.
Meanwhile, European stock markets remained higher. The EURO STOXX 50 rose 0.75%, France's CAC 40 advanced 0.75%, Germany's DAX added 0.4%, while London’s FTSE 100 tacked on 0.1%.
