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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
LuxembourgRetail Sales MoM fell to -2.0 in November 2022
Financial Modeling PrepMonthlyReleased January 2023
Retail Sales MoM fell to -2.0 in November 2022, down 0.3 from October's -1.7 reading. The reading missed the -1.4 consensus by 0.6. The print is running well below the 12-month average of 1.37. Over the past 3 months, Retail Sales MoM averaged 1.7, vs 1.57 in the prior 3-month window. Retail Sales MoM is now the lowest in 7 months.
Latest Release
-2
Actual
-1.4
Consensus
-1.7
Previous
The January 2023 reading fell from the previous value of -1.7. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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Retail Sales MoM - LU
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