Eurozone retail sales beat forecasts

Retailers in the euro zone are enjoying a better time than their UK counterparts, a survey showed on Monday.

Eurozone retail sales rose 1.5% in November, reversing a 1.1% fall the month before and beating the consensus estimate of a 1.3% rise.

Retail sales were up 2.8% on the same month in 2016, better than market expectations of 2.4% and up from the revised 0.2% the a month earlier.