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At 11:00 (GMT+2), August data on retail sales in the EU countries is due: the indicator records the monthly volume of all goods sold by retail enterprises based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It can fall from 2.2% YoY and –0.5% MoM, putting pressure on the euro.
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