Eurozone January retail sales rise 0.3%, and are flat on a Y/Y basis vs. expectations of -0.1%...

|By:, SA News Editor

Eurozone January retail sales rise 0.3%, and are flat on a Y/Y basis vs. expectations of -0.1% and -1.6%. "The series tends to be rather volatile from month to month, so we prefer to look at the trend," says BNP's Ken Wattret. Over the quarter ended in January, sales -0.8%, the worst read since spring 2009.