Germany’s retail sales increased by 0.2% month-on-month, a notable improvement from the previous month’s decline of 0.5%. This marks a positive shift in consumer spending, indicating a recovery in retail activity.
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The actual retail sales figure matched analyst estimates, suggesting that the market had accurately anticipated this rebound. This alignment with expectations is likely to support stability in the stock market, with consumer discretionary and retail sectors potentially benefiting from improved sentiment. The impact is expected to be more sentiment-driven in the short term, as investors assess the sustainability of consumer demand.