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Retail Sales MoM (Eurozone)

Retail Sales to Turn Negative Again

Starts Monday, May 6, 2019 at 09:00
Updated Monday, May 6, 2019
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Retail sales have shown some volatile numbers recently, increasing by 0.3%  and 0.6% in October and November, having come from three negative months. Although, they turned negative again in December and posted a massive 1.6% decline. That was revised slightly lower in the following month to -1.4% but it was a big decline nonetheless. But, retail sales reversed again and jumped 1.3% higher in January and by 0.4% in February which brings us back into positive territory. This report will be for March. 

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About Retail Sales MoM (Eurozone)
Change in the total value of inflation-adjusted sales at the retail level. Released monthly, about 35 days after the month ends. Tends to have a relatively muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier consumer spending data. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
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