Germany: retail sales grow 2.3% year -on -year in April compared to 1.8% expected

  • Retail sales in Germany increased 2.3% year -on -year in April.
  • The EUR/USD remains in red about 1,1350 behind mixed data.

Retail sales In Germany, an intermensual 1.1% (MOM) fell in April, after the revised growth of 0.9% (of -0.2%) reported in March, according to official data published by Destatats on Friday.

The market forecast was a growth of 0.2%.

In annual terms, retail sales increased 2.3% in April compared to 3.3% in March (2.2% review) and 1.8% expected.

Market reaction

More to come …

Euro price today

The lower table shows the percentage of euro change (EUR) compared to the main currencies today. Euro was the weakest currency against the Japanese yen.

USD EUR GBP JPY CAD Aud NZD CHF
USD 0.21% 0.11% -0.22% 0.07% 0.17% -0.21% 0.00%
EUR -0.21% -0.07% -0.46% -0.14% 0.00% -0.09% -0.20%
GBP -0.11% 0.07% -0.35% -0.05% 0.09% -0.18% -0.12%
JPY 0.22% 0.46% 0.35% 0.29% 0.49% 0.17% 0.29%
CAD -0.07% 0.14% 0.05% -0.29% 0.19% -0.15% -0.07%
Aud -0.17% 0.00% -0.09% -0.49% -0.19% -0.10% -0.21%
NZD 0.21% 0.09% 0.18% -0.17% 0.15% 0.10% -0.11%
CHF -0.01% 0.20% 0.12% -0.29% 0.07% 0.21% 0.11%

The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the euro of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the EUR (base)/USD (quotation).

Source: Fx Street

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