Retail sales in Germany increased less than expected in February
Retail sales in Germany expanded to a lesser extent than in February, just like in January, which is another indication that this year started weaker in the largest economy of the euro area.
According to the preliminary data of the German Federal Statistical Office (Destatis), retail turnover, by filtering the price effects, increased by 1.3 percent compared to February last year. Analysts expected a 2.2 percent increase after the 2.3 percent growth in January. (MTI)
Related news
Germany’s REWE to open a vegan store this spring
According to a report published on Plant Based News, REWE…
Read more >Over 50% of German online sales via marketplaces
Last year, more than half of all online sales in…
Read more >Germany unattractive as a business location
The Federal Association of the German Confectionery Industry (BDSI) has…
Read more >Related news
The European Union started the year with significant growth and a decrease in inflation
According to the latest report of the European Commission, at…
Read more >NGM State Secretary: the restoration of consumption and the credit market is among the most important economic policy goals
The state secretary responsible for economic strategy, financial resources and…
Read more >The missing workforce – Lawyers from PwC Legal, Dr László Szűcs and Dr Melinda Molnár were the guests of Chain Bridge Club
At the end of December, a new law on the…
Read more >