At 11:00 (GMT+2), may data on retail sales in the EU will be published. The indicator monthly captures the aggregate of all goods sold by retailers based on samples of outlets of various types and sizes. It is an important consumer spending indicator that significant impacts the region’s gross domestic product. It is expected that the indicator will correct from 0.0% to 0.2% MoM and from –2.6% to –2.7% YoY, which may put pressure on the euro.
