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Germany February retail gross sales -1.9% vs +0.3% m/m anticipated

  • Prior -0.4%

As soon as once more, you may nonetheless rely on German retail gross sales lacking estimates and persevering with to battle. As seen from the chart above, retail gross sales have been down within the dumps for fairly a while now – at the very least in actual phrases. And that continues to spotlight the impression of inflation on consumption exercise within the German financial system.

This text was written by Justin Low at www.forexlive.com.

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