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3 Numbers: German resilience shows, Eurozone CPI, US confidence
This year’s first quarter ends with a wide variety of economic releases, starting with the monthly report on retail sales in Germany for February. We’ll also see this month’s flash estimate of consumer price inflation for the Eurozone, followed by the Conference Board’s monthly update of US consumer confidence in March. Germany: Retail Sales (06:00 GMT) Europe’s growth engine is living up to its nickname lately. As Bloomberg observed yesterday, “German companies and consumers are shrugging off most of what the world throws at them.” Several sentiment indices tell the tale of a persistently rebounding ... (full story)