January 2017 Eurozone retail sales -0.1% vs 0.4% exp m/m

Details of the January 2017 Eurozone retail sales data report 3 March 2017

  • Prior -0.3%. Revised to -0.5%

  • 1.2% vs 1.6% exp y/y. Prior 1.1%. Revised to 1.2%

  • EU28 states 0.1% vs -1.0% prior m/m

  • 1.5% vs 2.2% prior y/y

That's the third m/m drop on the bounce.

The uptick in economic fortunes in Europe isn't reaching ground level yet, and with inflation ramping up, that's going to put the squeeze on even more.

Eurozone retail sales y/y

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