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EU Retail Sales data for December are due at 12:00 (GMT+2). Retail Sales measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the GDP. Retail Sales are expected to decline by 0.5% in December after rising by 1.0% a month earlier. The implementation of the forecast can put pressure on EUR.
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