Thursday , 7 November 2024
Home Forex Eurozone September retail sales +0.5% vs +0.4% m/m expected
Forex

Eurozone September retail sales +0.5% vs +0.4% m/m expected

  • Prior +0.2%; revised to +1.1%

Euro area retail sales grew by more than expected and that is on top of a sharp revision higher to the August figure. Looking at the details, food sales were down 0.4% but non-food store retail sales were up 1.1% with automotive fuel store sales up 0.2% on the month. That being said, all this is Q3 data and feeds into the overall picture here already.

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Your email address will not be published.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

BOE cuts bank rate by 25 bps to 4.75%, as expected

Prior 5.00%Bank rate vote 8-1 vs 7-2 expected (Mann dissented to keep...

Nasdaq Technical Analysis – The market cheers Trump’s victory

Fundamental OverviewThe Nasdaq tested the all-time high following Trump’s victory and the...

Federal Reserve expected to deliver 25 bps interest-rate cut, shrugging off Trump victory

The US Federal Reserve (Fed) will announce monetary policy decisions following the...

AUD/USD bounces back strongly to near 0.6630 ahead of Fed policy meeting

The AUD/USD pair recovers almost entire Wednesday’s losses and climbs back to...