Germany January retail sales -0.4% vs +0.5% m/m expected ...Middle East

Prior -1.6%It looks like you can still count on German retail sales to miss on estimates to start the new year. The soft trend in consumption activity continues, as retail sales fell once again in January. In real terms, retail sales continue to struggle big time in Germany despite the rising trend in nominal terms. That reflects how inflation has been biting at household spending over the last two years: This article was written by Justin Low at www.forexlive.com.

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