German retail sales fall, threatening consumer-led recovery

NAMPA / DPA

2024-11-29

Frankfurt (dpa) - The reluctance of many German consumers to spend is slowing down business in the retail sector ahead of the important Christmas season, even as Germany is looking to pull itself out of an economic slump. In October, sales fell both nominally, by 1.1%, and in real terms, by 1.5%, compared to September, according to the national statistics authority, Destatis. The fall has dashed hopes that a recovery in sales seen in previous mo......

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