German retail decreased by nearly 1 percent
On a monthly level, German retail sales decreased greater-than-expected in June. The experts expected a 0.2 percent decline, instead of the 0.9 percent decline.
Compared to last June, sales increased by 3.1 percent: food, beverages and tobacco sales by 1.0 percent, sales of food related products by 5.1 percent. The published datas do not include the car and fuel sales.
The analysts' expected a 1.9 percent expansion. In Germany, household consumption gives more than half of the German GDP – reports Világgazdaság Online.

Related news
More related news >
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >