Latest data released by Destatis - 30 April 2018
- Prior m/m -0.7%; revised to -0.5%
- Retail sales y/y +1.3% vs +1.2% expected
- Prior y/y +1.3%
Slight delay in the release by the source.
The month-on-month figure is rather poor and misses estimates, but the year-on-year reading holds steady. A minor data point though, not one that will impact the euro all too much on the day.
EUR/USD now at 1.2132, flat on the day. EUR/GBP at 0.8800 in a tight range. EUR/CHF at 1.1983 also in a tight range on the day.
