New data Retail Sales MoM (Sep)
10/31/2024
actual 1.2, previous 1.6
The event is the Retail Sales MoM (Month-over-Month) for September in Germany. The actual value reported is 1.2%, which is higher than the previous value of 1.6%. The estimate was -0.5%, so the actual result exceeded expectations. This event is considered to have a high impact on the market. It indicates the change in the total value of inflation-adjusted sales at the retail level in Germany from the previous month. The positive growth in retail sales can be seen as a sign of a strong economy, as it suggests increased consumer spending.This is not investment advice. Remember to verify the information provided here.
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