Retail sales decreased in Germany

According to the datas of the Federal Statistical Office, contrary to the expectations, the retail sales fell in November in Germany.

On monthly basis, on the basis of the calendary and seasonally adjusted datas; sales fell by 0.9 percent contrary to the 0.2 percent expansion expected by the analysts. In October a 0.2 percent decrease occured. On the basis of nominal terms, retail sales in November fell by 0.7 percent on a monthly basis, after the 0.1 percent decline of October – writes profitline.hu.