Eurozone retail sales for August 2023:
- 2,1% y/y vs -1% exp. and -1% previously
- -1,2% m/m vs -0,5% exp. and -0,2% previously
PPI reading y/y: 11,5% vs 11,6% exp. and -7,6% previously
PPI reading m/m: 0,6% vs 0,6% exp. and -0,5% previously
Looking at EURUSD we can see that EUR contintue to strenghten today however much weaker retail sales in eurozone suggests 'recessionary' dynamic in consumer sentiments. PPI data came in line with expectations.
Source: xStation5
Daily Summary: End of an Extremely Intense Week (19.06.2026)
Economic Calendar: Liquidity Overshadowed by Juneteenth (19.06.2026)
BREAKING: BoE keeps rates unchanged 🇬🇧 📌 GBPUSD extends losses 📉
Economic Calendar - Hawkish Fed Pause and Pivotal SNB and BoE Decisions (18.06.2026)