Retail Sales. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will release retail sales data for September, which records the monthly volume of all goods sold by retailers based on a sample of stores of different types and sizes. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, the value is expected to increase by 0.3% after –0.2% the previous month, and on an annual basis, it is expected to accelerate from 1.8% to 1.9%. If the forecast proves correct, it can support the euro.

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