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


At 11:00 (GMT+2), June data on retail sales in the EU will be published. The indicator monthly captures the aggregate of all goods sold by retailers, based on a sample of outlets of various types and sizes. It is an important consumer spending indicator that significantly impacts the region’s gross domestic product. The indicator is expected to decrease from 0.2% to 0.1% MoM and from 0.2% to –1.7% YoY, which may put pressure on the euro quotes.





Source link

Leave a Reply

Your email address will not be published.