According to official data released by Destatis on Wednesday, Germany's retail sales decreased 0.6% month over month in November after dropping 1.5% in October.
In comparison to the 1.9% forecast and the 1.0% increase in October, retail sales in the leading economy of the Eurozone increased by 2.5% in November.
Response of EUR/USD to the German data
As of writing, the EUR/USD exchange rate is flat for the day at around 1.0345 due to mixed German data that is detrimental to the euro.
In comparison to the 1.9% forecast and the 1.0% increase in October, retail sales in the leading economy of the Eurozone increased by 2.5% in November.
Response of EUR/USD to the German data
As of writing, the EUR/USD exchange rate is flat for the day at around 1.0345 due to mixed German data that is detrimental to the euro.
