Plus   Neg

Germany November Retail Sales Growth Tops Expectations

Germany's retail sales grew at the fastest pace in seven months in November, exceeding economists' expectations, preliminary data from Destatis showed on Monday.

Retail sales rose a calendar and seasonally adjusted 1.4 percent from October, when they edged up 0.1 percent, revised from a 0.3 percent fall.

Economists had expected a 0.4 percent increase.

On a year-on-year basis, retail sales increased 1.1 percent in November after a 5.2 percent rise in October, revised from 5 percent.

Economists were looking for a 0.4 percent fall.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT