Retail Sales. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), April data on retail sales in the euro area will be released. The monthly indicator captures the aggregate of all goods sold by retailers, based on a sample of various types and sizes of outlets. It is an important consumer spending indicator that significantly impacts the region’s gross domestic product. The indicator is expected to increase from –0.4% to 0.3% MoM and from 0.8% to 5.4% YoY, which may support the euro quotes.

Source link

Leave a Reply

Your email address will not be published.