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Germany Retail Sales MoM

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Germany Retail Sales MoM

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Mar 28, 2024
Actual
-1.9%
Forecast
0.4%
Previous
-0.4%
German Retail Sales measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which accounts for the majority of economic activity.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: Destatis
Germany Retail Sales MoM
 
Release Date Time Actual Forecast Previous
Apr 30, 2024 (Mar) 02:00     -1.9%
Mar 28, 2024 (Feb) 03:00 -1.9% 0.4% -0.4%
Feb 29, 2024 (Jan) 03:00 -0.4% 0.5% -1.6%
Jan 31, 2024 (Dec) 03:00 -1.6% 0.7% -0.8%
Jan 05, 2024 (Nov) 03:00 -2.5% -0.1% 1.1%
Nov 30, 2023 (Oct) 03:00 1.1% 0.4% -0.8%

News

Dollar set for hefty monthly gain ahead of Fed decision
Dollar set for hefty monthly gain ahead of Fed decision By Investing.com - Jan 31, 2024 2

Investing.com - The U.S. dollar edged higher in early European trade Wednesday, on course for its biggest monthly gain since September, while the euro retreated after weak inflation data. At 04:45 ET...

European stocks mixed ahead of Fed decision; H&M slumps
European stocks mixed ahead of Fed decision; H&M slumps By Investing.com - Jan 31, 2024 1

Investing.com - European stock markets traded in a mixed fashion Wednesday, as investors digested a deluge of corporate earnings and regional inflation data ahead of the conclusion of the Federal...

Analysis

Kenny Fisher
Euro Higher After Eurozone Inflation Falls By Kenny Fisher - Feb 01, 2023

It has been a quiet week for EUR/USD, which continues to say close to the 1.09 line. With the Fed rate announcement, the lack of activity could change in a hurry in the North American session.Eurozone...

German Retail Sales (MoM) Discussion

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All Comments (1)
Md. Hasan
Md. Hasan Mar 31, 2014 12:58AM ET
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I think German Retail Sales (MoM) actual rate will be 1.5%
Alex Huang
Alex Huang Mar 31, 2014 12:58AM ET
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Pretty close! Guess you beat the consensus!
 
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