At 08:00 (GMT+2), June data on Retail Sales will be published in Germany. Retail Sales indicator 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 Gross Domestic Product (GDP). If it continues to show negative dynamics from -1.2% MoM, this may negatively affect the positions of the euro.
