Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The most recent announced value for Retail Sales (MoM) was -3.4% against a forecast of 0.4%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Producer Price Index (MoM) | (no change) | 1.1% | 1.1% | ||
| Producer Price Index (YoY) | Bullish change | 3% | 4.6% | ||
| Core Harmonized Index of Consumer Prices (MoM) | (no change) | 0.2% | 0.2% | ||
| Core Harmonized Index of Consumer Prices (YoY) | (no change) | 2.4% | 2.4% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | 0.4% | 0.4% | ||
| Industrial Production s.a. (MoM) | (no change) | -0.1% | -0.1% | ||
| Consumer Price Index (EU Norm) (YoY) | (no change) | 3.2% | 3.2% | ||
| Consumer Price Index (YoY) | (no change) | 3.3% | 3.3% | ||
| ZEW Survey – Current Situation | Bullish change | -61.1 | -47.1 | ||
| ZEW Survey – Economic Sentiment | Bullish change | 34.2 | 34.7 | ||
| ZEW Survey – Economic Sentiment | Bearish change | 31.4 | 25.8 | ||
| Harmonized Index of Consumer Prices (YoY) | Bullish change | 4.5% | 4.6% | ||
| Consumer Price Index (EU norm) (YoY) | Bearish change | 2.7% | 2.6% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | 0.2% | 0.2% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.9% | 2.9% | ||
| Trade Balance s.a. | Bullish change | €15.4B | €21.3B |