At 11:00 (GMT+2), February data on retail sales in the EU will be published. The indicator monthly records the totality of all goods sold by retailers, based on samples of retail outlets of different types and sizes. It is an important indicator of consumer spending and has a significant impact on a region’s gross domestic product. It is expected that the figure will adjust from 0.1% to −0.3% MoM and from −1.0% to −1.2% YoY putting pressure on the euro.
