Germany May retail sales +13.9% vs +3.5% m/m expected

July 01, 2020 at 07:00AM

Latest data released by Destatis – 1 July 2020
– Prior -5.3%; revised to -6.5%
– Retail sales +3.8% vs -3.2% y/y expected
– Prior -6.5%; revised to -6.4%
Slight delay in the release by the source. That is quite the rebound in retail sales just weeks after lockdown restrictions were lifted in the country. The headline is encouraging Continue Reading:…

Author:!/germany-may-retail-sales-vs-35-mm-expected-20200701 Selected by SYFX+

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