Sentiment figures for the Euro Area were released yesterday, showing that economic sentiment picked up last month, with confidence improving across all sectors of the economy, especially in services. This comes despite rising infection rates and re-imposed restrictions throughout Europe.
Preliminary inflation rate data for Germany has shown that prices in September are expected to decrease 0.2% from a year earlier in September 2020, the largest decline since January 2015. They are also expected to decrease 0.2% month on month.
Retail sales for Germany came in this morning, surging by 3.1% month-on-month in August, the first increase since February. They also increased 3.7% year-on-year.
