Market Updates: German Retail Sales Slips to -0.3%, What's Next? - FX Leaders News

Market Updates: German Retail Sales Slips to -0.3%, What’s Next?

Posted Friday, November 30, 2018 by
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).

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About the author

Arslan Butt is our Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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