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German Retail Sales MoM (Dec) M/M 0.1% vs. Exp. -0.2% (Prev. -0.6%)

Newsquawk Staff ·

German Retail Sales MoM (Dec) M/M 0.1% vs. Exp. -0.2% (Prev. -0.6%)

What it means

The German retail sales data for December came in at a modest increase of 0.1%, significantly beating the expected decline of -0.2%. This positive surprise, alongside an upward revision from the previous month's decline, suggests a potential resilience in consumer spending, which could have implications for Eurozone growth outlook and monetary policy assessments.

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