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MNI: EUROZONE DATA: Retail Sales (Feb 2019)..........>

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MNI: EUROZONE DATA: Retail Sales (Feb 2019) Preview - 10:00 BST
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- Bloomberg Consensus: 0.3% m/m; MNI Median: 0.3% m/m; Previous (Jan): 1.3% m/m,
2.2% y/y
- Retail sales growth expected to soften after hitting 14-month high in
January...
- ...but to remain comfortably above series average (0.1% m/m, 0.9% y/y)
- National data released so far supports expectations of a mild monthly uptick:
Germany (0.9%); Spain (0.3%)
- Retail sector is continuing to show resilience amid industry-driven wider
Eurozone slowdown
- Lower inflation and improving labour market conditions are supporting consumer
confidence and spending power...
- ...but, concerns are growing over how much longer the domestic economy can
continue to weather external headwinds

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