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Germany’s retail sales fall 0.4% in February

by ChemOrbis Editorial Team - content@chemorbis.com
  • 31/03/2016 (13:34)
According to data released by Germany’s Federal Statistics Office, the country’s retail sales fell 0.4% on the month in February following a decrease of 0.1% in January, confounding economists’ estimates, which called for a gain of 0.3% in a survey by Reuters.

On a yearly basis, meanwhile, Germany’s retail sales rose by 5.4% in February, exceeding economists’ expectations calling for an increase of 2.2%.
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