Germany’s Retail Sales increased by 1.6% MoM in August, the official data released by Destatis showed on Thursday.
The monthly June Retail Sales figure for Germany stood at -1.1% while that for July came in at 1.5%.
Annually, Retail Sales in the Eurozone’s top economy grew by 2.1% in August.
EUR/USD reaction to the German data
German data fails to move the needle around the Euro, keeping EUR/USD at around 1.0935, flat on the day, as of writing.
Source: https://www.fxstreet.com/news/german-retail-sales-rise-21-yoy-in-august-202410100605