Euro - Zone Retail Sales (M/M)

Actual
0.1%
Previous
0.6%
Forecast
0.1%

The sum of goods and services sold monthly at retail outlets. The report acts as a measurement of consumption and consumer confidence. Consumer confidence and economic growth signal an increasing number of sales which would fuel the Euro-zone economy. Higher consumption however, leads to inflationary pressures which may result in economic instability. The headline is the monthly percentage change in retail sales. The changes are widely followed as an indicator of consumer spending.

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