FX Expert Funded

Germany October retail sales -1.5% vs -0.3% m/m expected

Prior +1.2%

That’s a big miss in German retail sales with the drag largely stemming from non-food retail trade, which fell by 2.2% on the month. Despite a better showing at the end of Q3, the drag here highlights the ongoing struggles for the German consumer ahead of the holiday period.

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

Leave a Comment

Your email address will not be published.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

Call Now