German retail sales fall unexpectedly in December

NAMPA / DPA
2025-01-31
Berlin (dpa-AFX) - Germany's retail sales fell unexpectedly in December, data from the Federal Statistical Office showed on Friday. Retail sales increased 1.6% on a monthly basis in December, while economists had forecast sales to remain flat. The decline reflects a 1.7% drop in food sales and a 0.7% drop in non-food retail sales. In nominal terms, retail sales dropped 0.9% from a month ago. On a yearly basis, retail sales increased 1.8% in real......
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