Julian Benson
on March 8th, 2023 This morning markets heard high-impact economic data from Germany. Retail sales declined 0.3% month-over-month in January, after a 5.3% fall in December. This was highly unexpected as economists had forecast a 2% surge.
However, Germany’s industrial production month-on-month in January came in at 3.5%, above than expectations of 1.5% and up from 2.4% drop in December.
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