German October retail sales down 1,9 percent m/m


Retail sales in Germany fell sharply unexpectedly in October. According to figures from the German Federal Statistical Office, retail sales fell by 1.9 percent on a monthly basis.

On average, economists had expected a slight increase of 0.2 percent. Sales by German retailers increased by 0.1 percent in September. On an annual basis, store sales in October climbed by 0.8 percent. Here, an average 3 percent increase was predicted by economists.

By: Lesley Woutersen

Lesley Woutersen, one of the co-founders of the EconomicInform gives away all of his free time to the project. He is interested in stock exchange and digital assets. Lesley can be reached by

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