German retail sales improved less than expected in September
In September, German retail sales grew less than expected both in annual and monthly terms.
Destatis, the German Federal Bureau of Statistics, announced on Thursday that retail sales grew 3.4 percent year-over-year in September, after a 3.1 percent growth in August.
Turnover grew by 0.1 percent, compared to August, with a month-on-month decline of 0.1 percent in August. (MTI)
Related news
Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >E-commerce in Germany grows for the first time in two years
Sales in German online retail have increased slightly again for…
Read more >Rewe opens Europe’s largest autonomous supermarket
Rewe has opened Europe’s largest autonomous supermarket in Hamburg. Its…
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 >