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3 Mar 2015
German Retail sales beat expectations in January
FXStreet (Mumbai) - As per the data released by the German Federal Statistical Office (Destatis), retail sales in January rose 5.3%, beating the estimate of 3.0%, and up from the December’s upwardly revised 4.8% rise.
Month-on-month, the retail sales printed at 2.9%, beating the estimate of 0.4% growth, and higher from the December’s upwardly revised 0.6%. The number of days open for sale was 26 in January 2015 and 26 in January 2014, too.
Month-on-month, the retail sales printed at 2.9%, beating the estimate of 0.4% growth, and higher from the December’s upwardly revised 0.6%. The number of days open for sale was 26 in January 2015 and 26 in January 2014, too.