German Retail Sales decline 2.7% YoY in February vs. -0.8% expected

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German Retail Sales decline 2.7% YoY in February vs. -0.8% expected
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Germany's Retail Sales dropped 1.9% MoM in February, slowing from a 0.4% decline in January, according to the official data released by Destatis on Thursday.

Germany'sRetail Salesdropped 1.9% MoM in February, slowing from a 0.4% decline in January, according to the official data released by Destatis on Thursday. The data missed the market expectations for a 0.3% increase. Retail Salesin the Eurozone's biggest economy fell 2.7% YoY in February versus a 1.4% annual drop reported in January, much below theforecastof -0.8%.

USD EUR GBP CAD AUD JPY NZD CHF USD -0.03% -0.06% -0.03% -0.02% 0.03% 0.07% 0.01% EUR 0.03% -0.03% 0.01% 0.02% 0.07% 0.09% 0.04% GBP 0.06% 0.03% 0.04% 0.05% 0.10% 0.13% 0.07% CAD 0.02% -0.01% -0.04% 0.01% 0.05% 0.04% 0.03% AUD 0.02% -0.02% -0.05% 0.01% 0.08% 0.08% 0.02% JPY -0.04% -0.06% -0.10% -0.05% -0.04% 0.03% -0.05% NZD -0.07% -0.10% -0.08% -0.10% -0.08% 0.00% -0.05% CHF -0.03% -0.06% -0.07% -0.06% -0.04% 0.03% 0.

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