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Eurozone Retail Sales Decline In February

4/4/2012 5:19 AM ET

Eurozone retail sales declined in February, but at a slower-than-expected pace, data from Eurostat showed Wednesday.

Retail sales fell 0.1 percent month-on-month in February, following a 1.1 percent rise in January. Economists were expecting sales to dip 0.2 percent.

On a yearly basis, retail sales fell 2.1 percent compared to January's 1.1 percent decline. Economists were looking for an annual decrease of 1.1 percent.

by RTT Staff Writer

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