Is the index measures the change in sales volumes among retailers, the index is one of the key indicators to measure consumer spending.
Release date:
Index issued after 30 days from the end of the month.
Type Indicator:
Consumer spending index
Source:
Federal Statistics Office Germany
The degree of influence:
Average impact, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the value of the index when it is published less than expected, so that is a negative for the currency.
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