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New data Retail Sales MoM (Oct)

11/29/2024

actual -1.5, previous 1.2

The event is the Retail Sales Month-over-Month (MoM) for October in Germany. The actual value reported is -1.5%, which is a decrease from the previous value of 1.2%. The estimate was -0.3%, so the actual value fell short of expectations. This indicates a decrease in retail sales from the previous month. The impact of this event is considered high, as it can provide insights into the consumer spending trends in the German economy.

This is not investment advice. Remember to verify the information provided here.

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