Market Updates: Eurozone Retail Trade Spikes to 0.6% vs. 0.2% Forecast - Forex News by FX Leaders

Market Updates: Eurozone Retail Trade Spikes to 0.6% vs. 0.2% Forecast

Posted Monday, January 7, 2019 by
Arslan Butt • 1 min read

The Eurostat just release the European retail sales date. In November 2018 compared with October 2018, the seasonally adjusted volume of retail trade soared by 0.6% in the Euro area (EA19) and by 0.7% in the EU28. While in October, the retail trade volume increased by 0.6% in the Euro area and by 0.4% in the EU28.

In November 2018 compared with November 2017, the calendar adjusted retail sales index increased by 1.1% in the Euro area and by 2.1% in the EU28.

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About the author

Arslan Butt // 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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