Retail Sales. Eurozone, 12:00 (GMT+2)

EU Retail Sales data for December is due at 12:00 (GMT+2). The indicator measures the volume of all goods sold by retailers for the month, based on a sample of retail stores of different types and sizes in the euro area. It is the primary indicator of consumer spending, which influences the GDP. On a monthly basis, retail sales are expected to shrink by 1.5%; on an annualized basis, their growth will slow down to 0.5%. The implementation of the forecast can put pressure on EUR.

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