Market Updates: German Retail Sales Slips to -0.3%, What’s Next?
Arslan Butt • 1 min read
The Consumer Price Index (CPI) slowed down by -0.3% in November 2018, after a +0.1% rise in October. The drop in inflation should come from a deceleration in the prices of services, energy, food and tobacco. Anyhow, the EUR/USD continues to trade at $1.13883, showing a muted response.
For now, all eyes remain on the Eurozone CPI Flash Estimate y/y which is due at 11:00 (GMT).