Retail sales in Germany in December fell 3.3%

Moscow, January 31 – “News.Economy.” In December of 2019 retail sales in Germany fell by 3.3% compared to the previous month, showed data of the Federal statistics Agency Destatis country.

analysts Surveyed by Bloomberg on average had expected a 0.5 percent drop. According to revised data, in November, the index increased 1.6 percent, not 2.1 percent as previously reported.

Retail sales in Germany rose in December by 0.8% compared to the same month of the previous year, though experts had expected a rise of 4.5%.

a Month earlier, according to revised data, retail sales increased by 2.7% in annual terms, and not 2.8% as previously reported. Text: News.Economy