According to Eurostat the volume of retail trade went up by 0.9% in June compared to May 2011. June 2011 compared to last year June 2010, retail sales decreased by 0.4%.
This Index measures the change in the total value of inflation-adjusted sales at the retail level.
After the release the Euro jumped against the U.S Dollar, as well as the Sterling. EUR/USD jumped from 1.4270 to 1.4330 and continued its growth to reach new session highs at 1.4342.
EUR/GBP was trading at 0.8715 earlier today, at present the pair rose to 0.8736.
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