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Austria Retail Sales YoY climbed to 0.7 in January 2017, released March 2017, up 1.9 from December's -1.2 reading. The print exceeded the -1.0 consensus by 1.7. The print is running well below the 12-month average of 0.85. Over the past 3 months, Retail Sales YoY averaged 0.73, vs 1.43 in the prior 3-month window. The reading is in the 27th percentile of the trailing 24-month range.
The March 2017 reading rose from the previous value of -1.2. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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