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Retail Sales MoM fell to -2.0 in March 2026, down 1.7 from February's -0.3 reading. The reading missed the -0.1 consensus by 1.9. The print is running well below the 12-month average of -0.48. Over the past 3 months, Retail Sales MoM averaged -0.47, vs -0.45 in the prior 3-month window. Retail Sales MoM is now the lowest in 27 months.
The April 2026 reading fell from the previous value of -0.3. Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR) and negatively correlated with XAU/USD (Bearish XAU).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Inflation Rate MoM | 0.6 | 1.1 | 0.6 | 0.60 | Low | |
| 06:00 | Harmonised Inflation Rate YoY | 2.9 | 2.8 | 2.9 | 2.90 | Low | |
| 06:00 | Inflation Rate YoY | 2.9 | 2.7 | 2.9 | 2.90 | Low | |
| 06:00 | Harmonised Inflation Rate MoM | 0.5 | 1.2 | 0.5 | 0.50 | Low | |
| 06:00 | HICP YoY | 2.9 | 2.8 | 2.9 | 2.90 | Low | |
| 06:00 | HICP MoM | 0.5 | 1.2 | 0.5 | 0.50 | Low | |
| 06:00 | CPI YoY | 2.9 | 2.7 | 2.9 | 2.90 | Medium | |
| 06:00 | CPI MoM | 0.6 | 1.1 | 0.6 | 0.60 | High | |
| 09:00 | ZEW Current Conditions | -77.8 | -73.7 | -77.5 | -77.65 | Low | |
| 09:00 | ZEW Economic Sentiment Index | -10.2 | -17.2 | -19.8 | -15.00 | High | |
| 09:00 | Economic Sentiment | -10.2 | -17.2 | -19.2 | -14.70 | Medium | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Wholesale Prices MoM | 2.7 | 1 | 1.30 | Medium | ||
| 06:00 | Wholesale Prices YoY | 4.1 | 5.2 | 5.50 | Medium | ||
| 12:45 | Current Account | 22 | 18.4 | 19.35 | Low | ||