Latest data released by Destatis - 31 October 2018
- Prior -0.1%; revised to -0.3%
- Retail sales -2.6% vs +1.0% y/y expected
- Prior +1.6%
Slight delay in the release by the source. Another disappointing set of economic data coming out of Germany. The bright spot is that the release here pertains to that of September and as we know, Q3 hasn't been the best for the Eurozone. Regardless, this has dragged the euro lower on the day with EUR/USD slipping to 1.1338 from 1.1350.
