That's a strong beat on estimates with an upwards revision to January to boot. It points to a good start to the new year for German retail spending, after a more disappointing holiday period at the end of last year. Looking at the breakdown, food store sales were seen up 0.8% on the month while non-food retail sales were seen up 0.6% on the month. This is most certainly a welcome development for the German economy to kick start the 2025 year.
This article was written by Justin Low at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Germany February retail sales +0.8% vs 0.0% m/m expected )
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