German retail sales were weaker than expected in December

By: Trademagazin editor Date: 2020. 01. 31. 11:02

German retail sales underperformed analysts’ expectations in December, year-on-year and month-on-month.

The German Federal Bureau of Statistics, Destatis, announced on Friday that retail sales grew 0.8 percent year-over-year in December, after a 2.7 percent rise in November. Experts expected a 5 percent increase for December. (MTI)

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