EURO AREA RETAIL SALES DECLINE BY 0.3% IN NOVEMBER AS EXPECTED
- Retail Sales in the Euro area decreased by 0.3% in November as forecast.
- EUR/USD trades modestly lower on the day below 1.0950.
Retail Sales in the Euro area declined by 0.3% on a monthly basis in November, Eurostat reported on Monday. This reading followed the 0.4% (revised from 0.1%) increase recorded in October and came in line with the market expectation.
Other data from the Euro area revealed that the Economic Sentiment Indicator improved to 96.4 in December from 93.8 in November, while the Business Climate Index worsened to -0.45 from -0.39.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.