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Eurozone Retail Sales increase by 2.9% YoY in September vs. 1.3% expected

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Eurozone Retail Sales increase by 2.9% YoY in September vs. 1.3% expected

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New update 2024.11.07 19:09
Eurozone Retail Sales increase by 2.9% YoY in September vs. 1.3% expected

update 2024.11.07 19:09

  • Eurozone Retail Sales jump 2.9% YoY in September vs. 1.3% forecast.
  • Retail Sales in the bloc arrived at 0.5% MoM in September, beating estimates.

Eurozone's annual Retail Sales increased by 2.9% in September after rising by a revised 2.4% in August, the official data released by Eurostat showed on Thursday. The data beat the market forecast of +1.3%.

On a monthly basis, Retail Sales in the old continent rose by 0.5% in the same period vs. August's revised +1.1%, beating the expected 0.4% print.

FX implications

The upbeat Eurozone data fails to provide a fresh boost to the Euro. At the time of writing, the EUR/USD pair is trading 0.21% higher on the day at 1.0750.

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.15% -0.15% -0.45% -0.35% -0.87% -0.79% -0.03%
EUR 0.15%   0.00% -0.26% -0.20% -0.71% -0.62% 0.13%
GBP 0.15% 0.00%   -0.28% -0.20% -0.71% -0.63% 0.14%
JPY 0.45% 0.26% 0.28%   0.07% -0.45% -0.41% 0.41%
CAD 0.35% 0.20% 0.20% -0.07%   -0.51% -0.44% 0.34%
AUD 0.87% 0.71% 0.71% 0.45% 0.51%   0.09% 0.87%
NZD 0.79% 0.62% 0.63% 0.41% 0.44% -0.09%   0.78%
CHF 0.03% -0.13% -0.14% -0.41% -0.34% -0.87% -0.78%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

 


Date

Created

 : 2024.11.07

Update

Last updated

 : 2024.11.07

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