EU Retail Sales MoM (Dec) M/M -0.5% vs. Exp. -0.2% (Prev. 0.1%, Rev. From 0.2%, Low. -0.4%, High. 0.2%)
Newsquawk Staff ·
EU Retail Sales MoM (Dec) M/M -0.5% vs. Exp. -0.2% (Prev. 0.1%, Rev. From 0.2%, Low. -0.4%, High. 0.2%)
What it means
The EU retail sales for December came in at -0.5%, missing expectations of -0.2% and showing a decline from the previous reading. This larger-than-expected drop could indicate weakening consumer demand and may have implications for growth forecasts, potentially prompting a reassessment of the ECB's policy stance in the near term.
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