New data Retail Sales YoY (Nov)
1/10/2025
actual 1.1, previous 2.6
On January 10, 2025, at 09:00 GMT, the economic event "Retail Sales YoY (Year-over-Year) for November" for Italy (IT) was released. The actual value reported was 1.1%, which was lower than the previous value of 2.6%. The market consensus estimate was 2.3%, indicating an unexpected decrease in retail sales.This event is considered to have a high impact on the market, especially for the Euro (EUR) currency. The change from the previous value was -1.5, representing a decrease of 57.69% in retail sales compared to the previous period.
Overall, this data suggests a slowdown in retail sales growth in Italy, which could have implications for the country's economic performance and consumer sentiment. Traders and investors are likely to closely monitor this data point to assess the health of the Italian economy and its potential impact on the Eurozone.
This is not investment advice. Remember to verify the information provided here.
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