Markit Economics released its retail purchasing managers' index (PMI) for Eurozone on Wednesday. Eurozone's construction purchasing managers' index (PMI) declined to 49.2 in March from 50.1 in February.

A reading above 50 indicates expansion in the sector, a reading below 50 indicates contraction.

Sales in France and Italy declined in March, while sales in Germany rose.

"The modest decrease in sales shown by the headline index masked some strikingly opposing trends at the country level," an economist at Markit, Phil Smith, said.