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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE DATA
MNI (London)
EUROZONE MAR RETAIL SALES -0.4% M/M, +0.8% Y/Y; FEB +5.2%r Y/Y
- The March print saw retail sales slump for the Euro area, dipping to -0.4% m/m (0.2pp below forecast) and softening to +0.8% y/y (1.0pp below forecast). This was the lowest year-on-year growth since February 2021.
- Compared to February, the volume of retail trade fell for automotive fuels (-2.9%) and non-food products (-1.2%). Food, drinks and tobacco sales increased 0.8%.
- The combination of high inflation squeezing incomes and strong service sector output saw dampened demand shift towards the service industry, leaving March retail to fall.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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