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

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MNI: EUROZONE DATA: Retail Sales (Mar 2019) Preview - 10:00 BST
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- Bloomberg Consensus: -0.1% m/m, 1.6% y/y; MNI Median: -0.1% m/m; Previous
(Feb): 0.4% m/m, 2.8% y/y
- Retail sales expected to have declined on the month in Mar following two
consecutive gains in Jan & Feb
- In Germany, the EZ's biggest state, retail sales slipped by 0.2% m/m in Mar...
- ... but given strong gains in the first two months of the year, sales were up
1.6% q/q, from 0.7% q/q in Q4
- For EZ overall, a decline of 0.1% m/m in Mar would leave retail sales in Q1 up
0.5% q/q, after 0.7% in Q4
- Nevertheless, household consumption should see a strengthening performance
going forward...
- ... as higher wages, lower unemployment, subdued inflation & expansionary
policy support confidence and spending

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