Forex
globalreutersMarch 28, 20241 Mins read
Germany February retail sales -1.9% vs +0.3% m/m expected
globalreutersMarch 28, 20241 Mins read - 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.
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