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

German Retail Sales data for February is due at 08:00 (GMT+2). Retail Sales indicator monthly measures the change in the total value of sales at the retail level, based on a sample of retail stores of different types and sizes. It is the primary indicator of consumer spending, which influences the GDP. It is expected that on a monthly basis it will decrease to 1.8% from 2.0% a month earlier, and on an annual basis – to 9.8% from the current 10.3%. The implementation of the forecast can put pressure on EUR.

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