German Retail Sales decline by 7.1% YoY in February vs. -5.2% expected Germany RetailSales EconomicIndicator EURUSD
is a measure of changes in sales of the German retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. Positive economic growth is usually anticipated as "bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
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