May 2014 eurozone retail sales 0.0% vs 0.2% exp m/m

• Prior 0.4%. Revised to -0.2%
• 0.7% vs 1.2% exp y/y. Prior 2.4%. Revised to 1.8%
• EU 28 states -0.1% vs +0.2% prior m/m
• 1.2% vs 2.9% prior y/y (that’s a shocking number)

That’s another stinker for the eurozone. Bad number, bad revisions. EUR/USD down to 1.3653

Eurozone retail sales breakdown 03 07 2014

Eurozone retail sales 03 07 2014

These number won’t be welcome at ECB HQ and we may hear how unwelcome they are later