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Growth
LOW IMPACTGE Retail Sales m/m
Monitor GE Retail Sales m/m to gauge consumer spending, a key driver of economic activity.
Overview
This is the key indicator of consumer spending, which represents the largest portion of overall economic activity.
Key Information
What it Measures
It reflects the change in the total value of inflation-adjusted retail sales, excluding automobiles and gas stations.
Usual Effect
When the 'Actual' figures exceed the 'Forecast', it is favorable for the currency.
Source & Frequency
Destatis (latest release) - https://www.destatis.de/EN/Home/ • This data is released monthly, approximately 30 days after the conclusion of the month.
How Data is Derived
N/A
Also Known As
Real Retail Sales
Acronym
N/A