{"id":76547,"date":"2022-12-01T15:56:18","date_gmt":"2022-12-01T11:56:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=76547"},"modified":"2022-12-01T18:29:31","modified_gmt":"2022-12-01T14:29:31","slug":"german-retail-sales-plunge-by-5-0-yoy-in-october","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-retail-sales-plunge-by-5-0-yoy-in-october\/12\/01\/market-updates\/","title":{"rendered":"German Retail Sales plunge by 5.0% YoY in October"},"content":{"rendered":"\n<p>Germany&#8217;s Retail Sales decreased by 2.8% MoM in October versus -0.6% expected and 0.9% previous, the official figures released by Destatis showed on Thursday.<\/p>\n\n\n\n<p>On an annualized basis, the bloc\u2019s Retail Sales came in at -5.0% in October versus the -2.8% expected and a 0.9% drop recorded in September.<\/p>\n\n\n\n<p>The Euro shrugs off the downbeat German data. At the time of writing, the major trades at 1.0455, up 0.47% so far.<\/p>\n\n\n\n<p>In recent weeks, EUR\/USD has failed to break above the 1.0500 level. A move beyond here would clear the way towards 1.0800, economists report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany&#8217;s Retail Sales decreased by 2.8% MoM in October versus -0.6% expected and 0.9% previous, the official figures released by Destatis showed on Thursday. On an annualized basis, the bloc\u2019s Retail Sales came in at -5.0% in October versus the -2.8% expected and a 0.9% drop recorded in September. The Euro shrugs off the downbeat &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839],"class_list":["post-76547","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=76547"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76547\/revisions"}],"predecessor-version":[{"id":76548,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76547\/revisions\/76548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31891"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=76547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=76547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=76547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}