At 08:00 (GMT+2), August data on retail sales will be published in Germany. The indicator records the monthly quantity of all goods sold by retailers, based on a sample of retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It is expected that it will adjust from –0.8% to 0.1% MoM and from –2.2% to –1.0% YoY, supporting the euro.
