Details of the August 2016 Eurozone retail sales data report 5 October 2016
Prior 1.1%. Revised to 0.3%
0.6% vs 1.5% exp y/y. Prior 2.9%. Revised to 1.8%
EU28 states -0.1% v s0.5% prior m/m
2.1% vs 2.9% prior y/y
TAPER!! ;-)
A better negative than expected but a horrid miss on the y/y number and bad revisions. Nothing to get excited about though as retails can be very volatile.
Eurozone retail sales y/y