Latest data released by Eurostat - 5 September 2018
- Prior +0.3%
- Retail sales +1.1% vs +1.3% y/y expected
- Prior +1.2%; revised to +1.5%
Slightly weaker on the yearly estimate but a positive revision to the June readings. A lagging data point though, provides a general gauge of Eurozone retail/consumption patterns. Low-tier data.
EUR/USD continues to track a little higher following the earlier dip, currently at 1.1568. EUR/JPY is seeing a similar tone now at 129.02. Meanwhile, EUR/GBP continues to trade near the highs at 0.9025 as the pound remains soft on the day.
