Track EZ Retail Sales m/m to gauge consumer spending, a key economic activity driver.
This is the key indicator of consumer spending, which represents a large portion of the overall economic activity. Its impact is generally subdued because consumer spending data from Germany and France, which make up nearly half of the Eurozone's economy, is released earlier.
What it Measures
It measures the change in total sales value adjusted for inflation at the retail level.
Usual Effect
'Actual' results exceeding 'Forecast' are favorable for the currency.
Source & Frequency
Eurostat (latest release) - https://ec.europa.eu/eurostat/web/main/home • Data is released monthly, approximately 35 days after the previous month concludes.
How Data is Derived
N/A
Also Known As
N/A
Acronym
N/A