German retail sales report for April was released today at 7:00 am BST. Data was expected to show a small dip in monthly retail sales and a strong 2.5% year-over-year growth. However, actual report turned out to be a disappointment, showing deeper monthly drop and smaller annual growth.
German retail sales for April
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوال- Annual: 1.8% YoY vs 2.5% YoY expected (0.3% YoY previously)
- Monthly: -1.2% MoM vs -0.3% MoM expected (+1.8% MoM previously)
In spite of a miss in German data, EUR and European index futures gained slightly. However, scale of the moves was barely noticeable with both EURUSD and DE40 gaining less than 0.1%.
Source: xStation5
