Specs
© Forex Factory
Source Destatis (latest release)
Measures Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 30 days after the month ends;
Next Release Apr 30, 2014
Why Traders
Care It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
Also Called Real Retail Sales;