The data on retail sales are due at 11:00 (GMT+2). The indicator is expected to grow to 1.3% on an annual basis in July from 1.2% a month earlier. On a monthly basis, the indicator is expected to fall to –0.2% in July from 0.3% a month earlier. The indicator shows changes in the volumes of sales in the retail sector. It is the main indicator of consumer spending. High values strengthen EUR. Low ones weaken it.