September 2016 Eurozone retail sales -0.2% vs -0.3% exp m/m

Details of the September 2016 Eurozone retail sales data report 7 November 2016

  • Prior -0.1%. Revised to -0.2%

  • 1.1% vs 1.3% exp y/y. Prior 0.6%. Revised to 1.2%

Not as bad as expected but still another negative month. The y/y revision looks good but as I mentioned just now, we can get a lot of choppiness in these numbers. The trend is abundantly clear though.

Eurozone retail sales y/y

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