German retail trade became better than expected
The German retail trade data was much better in October than the expectitons of analysts.
German Federal Statistical Office (Destatis) announced on Friday that there was a 5 percent increase in retail sales (without gasoline and car sales) compared to October last year. Analysts expected a modest growth of 2.7 percent after a 2.8 percent fall in September. (MTI)
Related news
Business sentiment in German retail improved slightly in May
In May, the German retail industry business sentiment index of…
Read more >
Business sentiment in German retail deteriorated in February
In February, the German retail industry business sentiment index of…
Read more >
German inflation fell to its lowest level in more than two years in October
According to the final data of the German Federal Statistical…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >
