
At 11:00 (GMT+2), the February data on retail sales in the EU is due. The indicator records the total of all goods retailers sold MoM, based on a sample of outlets of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on the gross domestic product of the region. It may change from –0.3% to 0.1% MoM and 1.5% to 1.9% YoY, providing support to the euro.

