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Economy And The Numbers

Germany Retail Sales Growth Accelerates In January

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's retail sales growth accelerated notably in January, data published by Destatis revealed on Monday.

Retail sales advanced 10.3 percent year-on-year in January, following a 0.8 percent rise each in December and November. Sales were forecast to climb 9.8 percent.

Destatis said the strong increase in sales compared to the same month last year is partly due to the partial lockdown in January 2021.

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