Friday , 20 September 2024
Home Forex Germany February retail sales -1.9% vs +0.3% m/m expected
Forex

Germany February retail sales -1.9% vs +0.3% m/m expected

  • Prior -0.4%

Once again, you can still count on German retail sales missing estimates and continuing to struggle. As seen from the chart above, retail sales have been down in the dumps for quite some time now – at least in real terms. And that continues to highlight the impact of inflation on consumption activity in the German economy.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

PBOC is expected to set the USD/CNY reference rate at 7.0637 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The...

ICYMI – China’s state planner promises more stimulus (describes as ‘incremental’)

The National Development and Reform Commission of the People's Republic of China...

Japan data – August CPI Headline +3.0% y/y (vs. 3.0% expected)

Japanese CPI Overall 3.0% y/yexpected 3.0%, prior 2.8%Core CPI (excluding fresh food)...

UK consumer confidence September: -20 (vs. -13 expected). Lowest since March 2024.

UK GfK Consumer Confidence September 2024 is disappointing, turns even more deeply...