Latest data released by Destatis - 2 March 2018
- Prior m/m -1.9%; revised to -1.3%
- Retail sales y/y +2.3% vs +3.0% expected
- Prior y/y -1.9%
The headline figure from Bloomberg was a misprint. It's not -0.7% m/m but -2.0% m/m. Bloomberg messing about with the data/source. A miss on the headline, but as mentioned before it's known to be a volatile one.
EUR/USD at session lows on the day at 1.2260. EUR/GBP sitting near the lows as well at 0.8899. EUR/CHF likewise at 1.1527.
