Australian retail sales data for January due Tuesday - preview

There is plenty of data coming up Tuesday, much of it for Q4 GDP

But .... this ain't one of them

This will be retail sales data for January, i.e. for the first month of 2018

Due at 0030 GMT

Via ANZ:

• We expect January retail trade reversed most of the previous month's fall.
• Retail spending has been volatile in recent months, partly reflecting the changing pattern of sales (with Boxing Day sales perhaps less of a key event given Black Friday/Cyber Monday and discounting through December).
• A result in line with our expectation would see retail sales rise by 2.6% y/y, a slight acceleration from December. The combination of lower petrol prices, stabilising house prices and a solid rise in consumer confidence suggests a reasonable start to 2018 for consumers.