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New data Retail Sales YoY (Aug)

10/31/2024

actual -5.2, previous -2.8

The event is the Retail Sales Year-over-Year (YoY) for August in Greece. The actual value reported is -5.2%, which is a decrease from the previous value of -2.8%. The estimate was -0.8%, indicating that the actual result was lower than expected. This event has a high impact on the market, as it provides insights into the consumer spending trends in Greece. The significant decrease of -85.714% from the previous value suggests a notable decline in retail sales compared to the previous period. This data point may indicate a weakening in the Greek economy and could potentially influence market sentiment and trading decisions.

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

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