Latest data released by Destatis - 4 March 2020
- Prior -3.3%; revised to -2.0%
- Retail sales +1.8% vs +1.5% y/y expected
- Prior +0.8%; revised to +1.7%
Slight delay in the release by the source. A decent rebound after the relatively poor December readings, which were at least revised higher a little. Nonetheless, the market focus now is on post-virus economic data so pre-virus conditions such as the above mean little.
