The Euro area’s latest retail trade data showed that trade increased by 0.3% (following a downwardly revised 1.7% drop in December). However, yesterday’s climb confirmed that retail sales for January still missed market expectations of 1.0% growth. (1.3% predicted)
Sales increased for food, drinks and tobacco (1.8% vs -2.1% in December) and non-food goods (0.8% vs -2.5%).


