Retail Sales. Germany, 08:00 (GMT+2)

German Retail Sales data for March are due at 08:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the GDP. It is expected to grow by 0.3% after growing by 0.5% on a monthly basis, and on an annualized basis it may decrease from 7.0% to 6.1%. The implementation of the forecast can put pressure on EUR.

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