South African retail sales rose 7.0% year on year in January after rising by a revised 3.2% in December, Statistics South Africa figures showed on Wednesday.

Retail sales rose 0.2% last month after a revised 1.2% decline in January, the Commerce Department said on Monday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation,

South Africa's headline consumer inflation remained at 3.2% year on year in February, unchanged from the previous month, data from the statistics agency showed on Wednesday. In month-on-month terms inflation was at 0.

The Euro Area's consumer price inflation rate eased to 2.3% in February, slightly below the preliminary estimate of 2.4% and down from a six-month high of 2.5% in January.  On a monthly basis, consumer prices rose by 0.

By bne IntelliNews Consumer prices in Bulgaria rose by 4% in February compared to the same period last year (chart), according to preliminary National Statistical Institute (NSI) data released on March 17.