Latest data released by Eurostat - 5 February 2020
- Prior +1.0%; revised to +0.8%
- Retail sales +1.3% vs +2.3% y/y expected
- Prior +2.2%; revised to +2.3%
The big drop in the monthly reading comes after stronger sales activity in November due to Black Friday sales. That said, the annual reading also isn't that spectacular. But this is a lagging data point as we already had euro area Q4 GDP data last week.
