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German Retail Sales drop 1.9% MoM in Oct, a big miss – EUR unfazed

  • German Retail Sales fall 1.9% MoM in Oct vs. -1.0% expected.
  • German Retail Sales rose 0.8% YoY in Oct vs. 1.1% expected.

According to the latest data reported by Germany’s Destatis on Friday, the country’s Retail Sales dropped 1.9% MoM in October versus 0% expected and +0.1% last.

 

More to come …

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