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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