German retail trade became better than expected

By: Trademagazin editor Date: 2018. 11. 30. 11:08

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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)