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

At 08:00 (GMT+2), April data on retail sales will be released in Germany. The indicator captures the number of all items sold by retailers based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and significantly impacts GDP. It is expected to grow by 0.3% from –0.1% MoM and by 0.4% from 2.7% YoY. Implementation of the forecast may support the euro.

Source link

Leave a Reply

Your email address will not be published.