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At 04:00 (GMT+2), April data on retail sales will be released in China. The indicator captures the volume of all goods sold by retailers, based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). In April, the indicator is likely to correct from 10.6% to 20.1%, supporting the quotes of the national currency.
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