The Index shows the volume of sales change in the retailing sector. Since the retailing sales volume represents one of the indicators of consumer spendings, it may be an indicator of consumer demand and consumer confidence helping to determine the economical turning points more accurately.
Effect of market
The Index may have a significance influence over the markets.
The Index growth or the actual value raise exceeding the forecast represents growth of consumer activity suggesting more tight monetary policy in the future, therefore strengthening Euro.