• German adjusted retail sales rise .2% in November

Market news

7 January 2016

German adjusted retail sales rise .2% in November

Destatis released its retail sales for Germany on Thursday. German adjusted retail sales rose 0.2% in November, missing forecasts of a 0.5% gain, after a 0.1% fall in October. October's figure was revised up from a 0.4% drop.

On a yearly basis, German unadjusted retail sales jumped 2.3% in November, missing expectations for a 2.4% gain, after a 2.1% rise in October.

Sales of non-food products increased at an annual rate of 2.3% in November, while sales of food, beverages and tobacco products climbed by 2.4%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.