German Retail Sales drop 2.6% YoY in July vs. -6.5% expected
German Retail Sales arrived at -2.6% YoY in July vs. -6.5% expected. Retail Sales in
Financial and Business News
German Retail Sales arrived at -2.6% YoY in July vs. -6.5% expected. Retail Sales in
Inflatiın in Germany continued to rise in August. EUR/USD clings to modest daily gains above
The German economy expanded by 0.1% on the quarter in the three months to June of 2022
German IFO Business Climate Index came in at 88.5 in August. IFO Current Economic Assessment
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
EUR/USD is scaling higher towards 1.0000 amid uncertainty over Fed’s commentary at Jackson Hole. Two
Europe’s economic powerhouse, Germany, kicked off the second half of this year on a weak
Economic sentiment continued to deteriorate in the euro area and in Germany. EUR/USD stays under
Speaking at the summer news conference on Thursday, Chancellor Olaf Scholz said that “Germany will
Germany’s Finance Minister Christian Lindner said on Wednesday that the economic outlook for the euro area’s