German retail re-started again

Retail sales in Germany increased again in July, after June’s decline. The increase can be linked to the activation of the customers due to the falling prices and the improving economic environment.

According to the datas of the German Federal Statistical Office; the seasonal effects adjusted inflation on a monthly basis increased by 0.7 percent from June to July after the 1.3 percent decline of the previous month. The data agreed with the expectations of analysts. Annual level of sales decreased by 1 percent – reports ProfitLine.hu.