"My concern always with retail data is the monthly volatility," BNP Paribas' Ken Wattret says of...

|By:, SA News Editor

"My concern always with retail data is the monthly volatility," BNP Paribas' Ken Wattret says of the surprise jump in euro zone sales. Retail sales are 1.5% from a year ago, he notes, "So although the monthly change doesn't look too bad, the year-on-year rate of change still looks pretty awful."