Germany’s Retail Sales fall by 3.4% MoM in July vs. 0.4% expected
German Retail Sales, a key measure of consumer spending, showed a downside in July. The consumer spending measure fell 3.4% month-on-month (MoM), according to official data released by Destatis, while it was expected to have increased 0.4%. In June, Retail Sales arrived at 0% (revised from -1.1%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wall Street Faces Historically Weak September After Record-Setting August for S&P 500
RAM Token Up 3500% Today: Should You Buy Ramses Now?
Indian Rupee: Growth surprise supports range view against US Dollar – Commerzbank
HUMAIN names Compal long-term ODM partner for next-generation AI infrastructure platforms
Crypto prices
More
