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German Retail Sales rise 4.9% YoY in June vs. 1.6% previous

Retail Sales in Germany rose 1.0% month-over-month (MoM) in June, following the revised 1.6% decline reported in May, according to official data released by Destatis on Wednesday.

The market forecast was for a 0.5% increase.

On an annual basis, Retail Sales rose 4.9% in June vs. May’s 1.6% revision.

Germany Retail Sales (MoM) above expectations (0.5%) in June: Actual (1%)

Germany Retail Sales (MoM) above expectations (0.5%) in June: Actual (1%)
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Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $68.72 per barrel, down from Tuesday’s close at $68.91.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $71.56 after its previous daily close at $71.75.
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