- Euro area Retail Sales rise by 0.1% in October vs 0.2% expected
Noticias del mercado
6 diciembre 2023
Euro area Retail Sales rise by 0.1% in October vs 0.2% expected
- Retail Sales in the Euro area rose modestly in October.
- EUR/USD continues to fluctuate in a tight channel slightly below 1.0800.
Retail Sales in the Euro area and the EU rose by 0.1% and 0.3%, respectively, on a monthly basis in October, Eurostat reported on Wednesday. On a yearly basis, Retail Sales contracted by 1.2% in the Euro area and by 0.9% in the EU.
"In the euro area in October 2023, compared with September 2023, the volume of retail trade increased by 0.8% for non-food products, while it decreased by 0.8% for automotive fuels and by 1.1% for food, drinks and tobacco," Eurostat noted in its publication.
Market reaction
This report failed to trigger a noticeable market reaction. At the time of press, EUR/USD was virtually unchanged on the day at 1.0794.
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal