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Germany Retail Sales Fall Sharply In December

Por: RTTNews Business January 31, 2023

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Germany's retail sales declined sharply in December suggesting weak consumer spending even during the Christmas season, data published by Destatis revealed Tuesday.Retail sales plunged 6.4 percent in December from the last year, much faster than economists' forecast of -1.8 percent. On a monthly basis, retail turnover decreased 5.3 percent, in contrast to the 1.9 percent increase in November and the 0.2 percent rise economists'... + full article



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