UK February retail sales

UK February retail sales hit the wires at 0930 GMT Thursday. Monument Securities says this remains an extremely enigmatic series, with anecdotal evidence from the BRC and CBI surveys frequently proving to be a poor guide, largely because neither adequately picks up the pace of internet sales. Because of this, Monument says the likelihood of a print wide of the -0.4% month-month consensus is high. The DJN forecast is -0.4% month-month, +2.5% year-year