| Source |
Eurostat (latest release) |
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| Measures |
Change in the total value of inflation-adjusted sales at the retail level; |
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| Usual Effect |
Actual > Forecast = Good for currency; |
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| Frequency |
Released monthly, about 35 days after the month ends; |
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| SLBFX Notes |
Tends to have a relatively muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier consumer spending data; |
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| Why Traders Care |
It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; |
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