German Retail Sales jump by 4.2% MoM in May vs. 5.0% expected, EUR/USD in lows

• German Retail Sales jumped by 4.2% MoM in May vs. 5.0% expected.

• Retail Sales fell by 2.4% YoY in May vs. 10.1% expected.

According to the latest data reported by Germany’s Destatis on Thursday, the country’s Retail Sales rebounded 4.2% MoM in May versus 5.0% expected and -5.5% last.

more to come ..